Chapter 7 - discharged

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snuglez4u2

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PostPosted: Mon Oct 26, 2009 7:40 am    Post subject: Chapter 7 - discharged

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??
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jameshogg



Joined: 20 Dec 2005

Posts: 4291
Location: nevada
509.34 Dollars($)
PostPosted: Mon Oct 26, 2009 11:34 pm    Post subject:

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
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