Posted on: 28th May, 2012 01:09 am
hi there… i live in kentucky. my ex wife and me recently filed a quit claim deed on our house and i transferred the property to her. we divorced officially on oct of 2011. my name has also been removed from the existing mortgage. so i have zero claims to the home. now i am planning to file bankruptcy. should i list this transfer on my bk schedule(s)? i don't want to run afoul of the trustee.
You should inform the bankruptcy trustee about the property transfer. You should remember that any kind of property transfer just before bankruptcy filing can be considered as fraudulent and the bankruptcy court may take actions against you. So, it's better to inform the bankruptcy court about your property transfer.
Hi Sibil!
Welcome to forums!
I agree with Niicss. You should inform the property transfer to bankruptcy trustee. There is a chance that the bankruptcy attorney will bring back that property into your bankruptcy estate.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I agree with Niicss. You should inform the property transfer to bankruptcy trustee. There is a chance that the bankruptcy attorney will bring back that property into your bankruptcy estate.
Feel free to ask if you've further queries.
Sussane