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Can I give my wife our house in a divorce settlement .

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Post Posted: Wed Dec 03, 2008 9:38 am    Post subject: Can I give my wife our house in a divorce settlement .
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I am involved in a accident lawsuit. We will be divorced long before the suit ends. Can they go after her house if there is an excess judgment?
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Post Posted: Wed Dec 03, 2008 11:22 pm    Post subject:
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If your wife gets the property as a part of the divorce decree, then I don't think the creditors will go after her house for the excess judgment. But if the accident lawsuit ends before the divorce settlement, then the creditors can go after the property for excess judgment.
packers

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Post Posted: Thu Dec 04, 2008 12:50 am    Post subject: deed
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me and my husband are separated,both are names are on the deed,can i remove my name and put my sons
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Niicss




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Post Posted: Thu Dec 04, 2008 2:53 am    Post subject:
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Hi packers

Yes, you can sign a quitclaim deed in your son's name and transfer the property to him. Once you sign the quitclaim deed, you will need to notarize it and record it at the county recorder's office.

Sample quitclaim deed forms are available online but if you want you can even draft it from an attorney.

Thanks.

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dane

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Post Posted: Fri Jun 11, 2010 12:07 pm    Post subject: property
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if i give my spouse part of my property .can any creditor come after her
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Post Posted: Sun Jun 13, 2010 9:54 pm    Post subject:
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Welcome dane,

The creditor will not come after your spouse in order to recover the dues. However, as your name is on the property as a part owner, the creditor can place a lien on it.

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