Posted on: 26th Oct, 2008 01:42 pm
i took out a loan to help a neighbor with some financial problems for their home. i had it secured with a promissory note and recorded at the courthouse with the house as collateral. the loan is now past due and the neighbor is considering filing bankruptcy against me now. if he signs a quit claim deed, could he file chapter 13 for his other debts?
Hi perry.werner!
Welcome to forums!
Your query has been answered in the following link:
http://www.mortgagefit.com/propertytransfer/about14758.html
Hope it helps you.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
Your query has been answered in the following link:
http://www.mortgagefit.com/propertytransfer/about14758.html
Hope it helps you.
Feel free to ask if you have further queries.
Sussane