Can quickclaim save house from bankruptcy or suing?

ljr51974 · Joined: 08 Sep 2007 Posts: 2 2.30 Dollars($)

My husband may have to declare bankruptcy in a few months and is in a legal case where he is being sued.. can we quick claim the title to my name only and protect it from bankruptcy or in case they try to put a lein on the house? Thanks for the info.

larry · Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)

Hi Ljr,

Welcome to the forum.

Your husband can quitclaim the property in your name. But it will not prove much useful as in that case, you may be sued under State Fraudulent Transfer laws. You may be sued up to 4 years after transfer of the property is done.

Guest 0.10 Dollars($)

can i be sued if this quit claim is preparation for a divorce?
Thanks!

carnahandavid · Joined: 21 Dec 2006 Posts: 239 58.41 Dollars($)

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