Posted on: 13th Feb, 2009 09:33 am
I NEED A QUICKDEED FORM. MY HUSBAND AND I ARE GETTING A DIVORCE AND WANTS HIS NAME OFF THE HOUSE LOAN. WE FILED BANJRUPTY ABOUT A YEAR AGO.
hi lynette,
a quitclaim deed is used to transferred one's share of interest in the property to another. this doesn't help one transfer one's financial liabilities like loans to the other. however, your husband can quitclaim his property-interest so you can refinance it in your name. whether you can quitclaim after filing bankruptcy depend on what type of bankruptcy you filed. if it's a chapt. 7 bankruptcy, you will have to take permission of the bankruptcy court. since you say you filed bankruptcy about an year ago, i don't think this will prevent you from quitclaiming. for similar discussion you can refer to the following page:
http://www.mortgagefit.com/search/quitclaim-deed.html#after-bankruptcy
a quitclaim deed is used to transferred one's share of interest in the property to another. this doesn't help one transfer one's financial liabilities like loans to the other. however, your husband can quitclaim his property-interest so you can refinance it in your name. whether you can quitclaim after filing bankruptcy depend on what type of bankruptcy you filed. if it's a chapt. 7 bankruptcy, you will have to take permission of the bankruptcy court. since you say you filed bankruptcy about an year ago, i don't think this will prevent you from quitclaiming. for similar discussion you can refer to the following page:
http://www.mortgagefit.com/search/quitclaim-deed.html#after-bankruptcy