Do I list a mortgage that I signed a quit claim deed on after divorce on a chapter 7?

susiemariebromley · Joined: 25 Sep 2008 Posts: 1 1.29 Dollars($)

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 · 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

Guest 0.10 Dollars($)

Hi susiemariebromley!

Quitclaim deed cannot transfer mortgage.

gmakerley · 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?

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