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Can an owner transfer property, and then file bankrupcy in Wisconsin?

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sunne12001 Joined: 06 Sep 2010 Posts: 1 1.25 Dollars($)	Posted: Mon Sep 06, 2010 9:15 pm    Post subject: Can an owner transfer property, and then file bankrupcy in W Like 0 Dislike 0 Can an owner transfer property, and then declare bankruptcy in Wisconsin? And will the owner be responsible for the mortgage after that?
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Wed Sep 08, 2010 3:17 am    Post subject: Like 0 Dislike 0 Transferring property just before bankruptcy filing will be considered as fraudulent by the bankruptcy court. Though the owner transfers the property to someone else, he will be liable for the mortgage unless the new owner refinances the loan.

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