Posted on: 04th Nov, 2009 06:14 pm
let the community guide you. post your detailed question here. my ex-boyfriend & i bought a home in 2006. my dad was co-borrower. however, my ex-boyfriend & i are no longer together and he wants to declare bankruptcy. do i need a quit claim deed from him to secure my property? i still make the payments on the property.
Hi jduzyk,
Signing a quitclaim deed just before the bankruptcy filing can be considered as a fraudulent act. The trustee can cancel such a transfer and include the property in your boyfriend's estate. In my opinion, it would be a better option to contact a bankruptcy attorney and take his opinion in this regard.
Thanks
Signing a quitclaim deed just before the bankruptcy filing can be considered as a fraudulent act. The trustee can cancel such a transfer and include the property in your boyfriend's estate. In my opinion, it would be a better option to contact a bankruptcy attorney and take his opinion in this regard.
Thanks