Ask Your Legal Question. Legal Experts Answer You ASAP.

(Not a Legal Question?)

what value does a quit claim deed have in a bankruptcy case ...
Sent to Legal Experts December 12 09:02 AM

what value does a quit claim deed have in a bankruptcy case involving the ex-spouse who signs over her right to the house and then files bankruptcy

 

Optional Information:
kingsville, Missouri

Already Tried:
2 different lawyers

Customer (name blocked for privacy)
Status:  Closed   Value: $15
Answer
December 12 9:42 AM (39 minutes and 9 seconds later)
         
REPLIEDCheck Mark

Hi,

Two considerations.....when filing bankruptcy

1. You are customarily allowed to retain the house in which you reside...so in your case it depends on whether or not your ex is living there.

BUT...BUT...BUT.......

2. ANY TRANSFER OF ASSETS PRIOR TO BANKRUPTCY AS YOU HAVE DESCRIBED WILL BE SET ASIDE AS HAVING BEEN DONE IN ORDER TO DEFRAUD CREDITORS WHICH IS PROBABLY EXACTLY WHY SHE DID IT.

Rich Licata



To request me for NEW QUESTIONS IN THE FUTURE, just begin with "THIS IS FOR RVLAW"


THIS IS FOR INFORMATION ONLY. NO ATTORNEY-CLIENT RELATIONSHIP EXISTS. CONSULT A LAWYER IN YOUR STATE FOR LEGAL ADVICE
Picturervlaw -- Lawyer (JD) -- 99% Positive Feedback on 3906 Legal Accepts
NYC Trial Atty. 30 yrs.- pers. inj., contracts, real estate, criminal, estates, matrimonial.
Reply
December 12 9:58 AM (15 minutes and 53 seconds later)
         
Reply to Richard V. Licata's Post: i reside in the house and and after the divorce filed the quit claim deed she signed and then was getting ready to refi my house and they the mortgage company said i couldn't because my ex had filed bankruptcy and so i was wondering what the purpose of the quit claim deed was if not to protect me from this happening
Customer (name blocked for privacy)
Answer
December 12 10:06 AM (8 minutes and 4 seconds later)
         
THIS ANSWER IS LOCKED!
You can view this answer by clicking here to Register or Login and paying $3.
Picturervlaw -- Lawyer (JD) -- 99% Positive Feedback on 3906 Legal Accepts
NYC Trial Atty. 30 yrs.- pers. inj., contracts, real estate, criminal, estates, matrimonial.
Think you can answer this question?
Login or Become an Expert

Related Answers

 

DISCLAIMER: You acknowledge that any information you may obtain from individuals you contact through use of the Just Answer service comes from those individuals, not from Just Answer!, and that Just Answer is not in any way responsible for any of the information these third parties may supply. The site and services are provided "as is" with no warranty and no representations are made regarding the qualification of an Expert. Responses and comments on Just Answer! are for general information and are not intended to substitute for informed professional advice (such as medical, legal, investment or accounting) and do not establish a professional-client relationship. Just Answer! is not intended or designed to address EMERGENCY QUESTIONS which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service.

Just Answer! > Legal