Do I need a Quit Claim Deed from the state of Texas to remove a friend from my mortgage who wants to declaire bankruptcy?

jduzyk · Joined: 04 Nov 2009 Posts: 1 1.29 Dollars($)

Let the community guide you. Post Your detailed question here. My ex-boyfriend & I bought a home in 2006. My dad was co-borrower. However, my ex-boyfriend & I are no longer together and he wants to declare bankruptcy. Do I need a quit claim deed from him to secure my property? I still make the payments on the property.

jameshogg · Posted: Wed Nov 04, 2009 8:18 pm Post subject:

Hi jduzyk,

Signing a quitclaim deed just before the bankruptcy filing can be considered as a fraudulent act. The trustee can cancel such a transfer and include the property in your boyfriend's estate. In my opinion, it would be a better option to contact a bankruptcy attorney and take his opinion in this regard.

Thanks

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