Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Chapter 7 - discharged

Author Message
snuglez4u2

Guest







Post Posted: Mon Oct 26, 2009 7:40 am    Post subject: Chapter 7 - discharged
Like 0
Dislike 0

My condo is included on my Chapter 7. The bankruptsy is discharged. There is a home equity also included. I want to do a Quit Claim to the mortgage company. Do I have Washington State tax liabilities or can I be excluded??
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10148
Location: Nevada
941.94 Dollars($)
Post Posted: Mon Oct 26, 2009 11:34 pm    Post subject:
Like 0
Dislike 0

Hi snuglez,

You can file a quitclaim deed and transfer the property to your lender. The lender would then sell off the property to recover his dues. As far as taxes are concerned, they won't get discharged in bankruptcy. Thus, if you've delinquent taxes, you'll have to pay it off.

Thanks
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.134 seconds.