Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

bankruptcy/fraud quit claim

Posted on: 19th Nov, 2009 06:06 am
hi. i really need some help! i'm 6 mo pregnant, and before i became pregnant my family was going into financial problems. cutting to the chase; a man that i worked with found out my family was going to do a bankruptcy and he said he can help. he will do a short sale on the house. my mother didn't agree but he kept telling me how better it is and stuff like that and i told her. she said she will give it a try. and so we did. the co worker called me to tell me my mom would have to sign some papers so he can talk to the bank.( my mom bankruptcy lawyer had to sign the paper to) so this happen in 5/2009 and now its november. and we just found he stop talking to the bank and just had my mom sign a quit claim deed. but my mom lawyer said its ok cause she's doing bankruptcy and the bank will handle him. we didn't know he was going to do that, we don't speak english that well or understand it. i also found out he also did this to another family at another state. help me; because i also found out that i'm having early contractions because i'm stressing over this.

i brought this man into my family lives and i'm taking it all on myself for what he did. he's a guy who like to scam people.

please help me!!
Hi ryx,

I can understand what your family is going through. Your co-worker has scammed you and your family and transferred the property in his name. I would suggest you to speak to a lawyer and take his opinion in this regard.

Quitclaim of property just before filing bankruptcy can be considered as a fraud and the trustee can bring the property back into your mother's estate. If the property comes back to your mother's estate it would be sold off as per the trustee's discretion in order to pay off your mother's creditors.

Thanks
Posted on: 19th Nov, 2009 08:20 pm
Page loaded in 0.108 seconds.