Posted on: 26th Oct, 2010 02:58 pm
will quick claim deed protect my mothers property if she adds my name toher quick claim and i file bankruptcy in the future with both our names on quick deed?
Hi katy,
It your name is on the quitclaim deed, then you'll have to list the property as your asset if you file bankruptcy. The trustee may even sell off the property in order to pay off your creditors.
Thanks
It your name is on the quitclaim deed, then you'll have to list the property as your asset if you file bankruptcy. The trustee may even sell off the property in order to pay off your creditors.
Thanks