My in-laws cannot afford the farm can they quit claim the farm to daughter and could it affect them if they have to file bankruptcy with in the next year?

my in-laws business is in the hole they have been trying to crawl out they cannot make the mortgage payment can they quit claim deed the property to their daughter so she can make the payments and they can not classifie it as income and the farm won't be lost and they can try to pay off the debt but if they cannot make enough money to pay the business debt as well as the personal can it come back to bite them that they quit claimed the property to my wife if they chose to file bk.