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adonis's picture
adonis | Joined: October 22, 2005 05:04 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi mrm,

I don't think a quitclaim deed would help you in any way. If you file a quitclaim deed and transfer the property to your mother, you will not be able to file bankruptcy within a year. If you do so, the bankruptcy trustee can consider this as a fraudulent transfer. I would suggest you to contact a bankruptcy attorney and take his opinion in this regard.

Like | Dislike | Share | Posted: Mon, 08/10/2009 - 00:09 | Post subject:

Realgeni's picture
Realgeni | Joined: April 13, 2009 08:03 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

mrm_80

Here is a good articla on Bankruptcy. This may give you some more info

http://www.mortgagefit.com/bankruptcy.html

Check it out

Good luck and feel free to ask

Like | Dislike | Share | Posted: Sat, 08/08/2009 - 18:49 | Post subject:

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