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quit claim

Posted on: 20th Feb, 2009 12:56 pm
my parents are facing bankruptcy. i live in amobile home that is in their name. i pay all monies on it. is quit deed something that will work for me so i will be able to keep my home? because of my credit history i dont qualify to just put it in my name.
hi tina,

a quitclaim deed could have transferred the title to your name and helped you save the house. but since your parents are facing bankruptcy, a transfer now might not be possible because any such transfer prior to filing bankruptcy will be considered fraudulent and can thus be reversed. i think you better consult an attorney to explore some other options to save your house.
Posted on: 22nd Feb, 2009 10:58 pm
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