Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Quit claim deeds and bankruptcy

Author Message
JenniferR

Guest







Post Posted: Thu Sep 11, 2008 9:12 am    Post subject: Quit claim deeds and bankruptcy
Like 0
Dislike 0

Hi,
I had to move out of state with my new husband due to his career. My ex husband took me to court for custody of our 15 yr old son. Long story short, the judge would not agree to me taking my son with me even though I had custody of him.
Now my ex husband is trying to sue me for his attorney fees on top of everything else the judge has already awarded him. I have been unemployed since our move but not for lack of trying. I have no income, no savings left, etc. My ex husband however makes $60k/yr and recently purchased land worth $40k which he paid for in cash with his recent inheritence.
It's the same judge hearing this lawsuit as the custody suit. I do not have an atty. representing me and cannot fight this. The way things have gone, I'm sure I will lose and then have to file bankruptcy. My question is... should I file a quit claim deed before filing bankruptcy? Would an out of state judgement effect my property in another state? Can they put a lien on my home?

_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile helping_user
helping_user




Joined: 31 Mar 2006

Posts: 806
Location: Hawaii
158.49 Dollars($)
Post Posted: Fri Sep 12, 2008 1:16 am    Post subject: RE: out of state judgment may affect property in other state
Like 0
Dislike 0

Welcome JenniferR.

I think you're trying to protect the property in another state from being lost due to any judgment or bankruptcy filed in the previous state. An out-of-state judgment can affect property in another state if the court in the second state approves the judgment passed in the previous state. To know what happens when you quitclaim before bankruptcy, check out a previous discussion on this topic.

Thanks.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.280 seconds.