| Author |
Message |
|
|
 susiemariebromley
Joined: 25 Sep 2008
Posts: 1
1.29 Dollars($)
|
 Posted: Thu Sep 25, 2008 11:09 pm Post subject: Do I list a mortgage that I signed a quit claim deed on afte |
|
|
| I am filing chapter 7 . When I got divorced 2 years ago I signed a quit claim deed on our mortgage, do I still list this on my chapter 7 as a debt? |
|
|
smithsussane
Joined: 18 Sep 2008
Posts: 3738
Location: Alaska
561.45 Dollars($)
|
| Posted: Thu Sep 25, 2008 11:22 pm Post subject: |
|
|
Hi susiemariebromley!
Welcome to the forums!
Quitclaim deed cannot be used to transfer a mortgage, it is only used to transfer a property. To transfer the mortgage, you will have to opt for either refinancing or novation.
If you want to include that mortgage in the bankruptcy or not is solely your discretion.
Feel free to ask if you have further queries.
Sussane |
|
|
Susanne
Guest
|
| Posted: Fri Sep 26, 2008 12:42 am Post subject: |
|
|
Hi susiemariebromley!
Quitclaim deed cannot transfer mortgage. |
|
|
gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7447
Location: bloomfield, ct
70.06 Dollars($)
|
| Posted: Fri Sep 26, 2008 12:02 pm Post subject: |
|
|
well, that's settled.
susiemarie, my first question is this: do you have legal counsel working with you on this chapter 7 filing? if so, wouldn't you be able to get that question answered?
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
|
|
