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quit clain deed

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sali Guest	Posted: Wed Jan 06, 2010 10:47 pm    Post subject: quit clain deed Like 0 Dislike 0 I'm considering filing for bankruptcy in Florida. I quit claim my deed on a property. How will this effect the bankruptcy? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Niicss Joined: 03 Oct 2005 Posts: 4770 Location: New Jersey 499.28 Dollars($)	Posted: Thu Jan 07, 2010 2:11 am    Post subject: Like 0 Dislike 0 If you've signed a quit claim deed and transferred the property to someone else, you won't be able to file bankruptcy immediately. If you do so, it will be considered as a fraud. The trustee will have the right the bring the property back into your estate. You'll have to wait for at least a year in order to file it. _________________ Good is the Enemy of Great.
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Thu Jan 07, 2010 10:16 am    Post subject: Like 0 Dislike 0 a home equity loan is already a lien on a property, unless that particular lender erred somehow. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

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