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Once you receive your discharge and your case has been closed, you are free to do whatever you want with your property. It is important not to transfer any property while the case is proceeding, however (unless your attorey okays it, of course)!
Wiki User
∙ 15y ago
Wiki User
∙ 13y agoI am not an attorney, so please check with one. However, anything that you do to convey property etc before bankruptcy is suspect. The point of bankruptcy is to get a fresh start; not, hand off something you want to keep in an effort to defraud creditors.
If your thinking "Hand off my house to a relative" then file bankruptcy. Bad idea.
The term used is "contemporaneous" You may want to look online at the US Bankruptcy court statues. There are certain time limits enforced. If you do something that is suspect, your case could be thrown out. Or, you may not receive a discharge.
You have to be 100% truthful in bankruptcy.
Wiki User
∙ 14y agoNO.
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How do you force a person who has filed bankruptcy and given up their interest in a property to sign a quit claim deed?
You need to contact the trustee in bankruptcy. The bankrupt hasn't "given up their interest" unless they have already executed a deed. Their interest may be subject to the bankruptcy proceeding.
Can you get your property back if you sign a quick claim deed consider the fact the person signing the deed did not read or speak the language the dead is in?
It is called a quit claim deed. Once you have filed the quit claim deed, you no longer have a legal right to whatever the deed refers to. The only way to get it back is to have the current person with possesory interest and ownership to sign a quit claim deed in your favor.
Can a person named in a will still inherit if someone else has a quick claim deed to the property?
You are referring to a "quitclaim" deed. If the deed is valid then the person named in the deed is the rightful owner.
Can a person who surrendered their property in bankruptcy sign a deed in lieu?
A person who is engaged in a bankruptcy proceeding cannot convey property outside of the court proceeding. You should contact the trustee in bankruptcy for advice because the court will want to review the transaction. You will likely need a court order to execute the deed.
How can you change your name on a Deed when there is another person is on the deed you just want your name change to another person?
The simplest thing to do is a quit claim deed. It will give the other person all the rights to the property that you had.
Where do you file a quit claim deed?
A quit claim deed is a very simple form, you can probably get one online or at the courthouse or a title company. Anyone can file the deed, it is just a matter of taking it to the court house and paying the fees.
Can you quit claim a deed after bankruptcy is discharged?
Yes, because after bk discharge you still own the house . The only way to get out from under the house is to get your name off the deed. Ether by forcloser, short sale, or normal sale. If you can find someone to quit claim deed to that will work also. Because after bk discharge you are not responsible for the mortgage, so if you can get off of the deed you are free.
Grantor verses the grantee in quit claim deed?
The grantor is the person who transfers their interest in the property by deed. The grantee is the person who receives that interest: the new owner.
What are the requirements for a quitclaim deed in Alabama?
If a quit claim deed states a person is unmarried and falsley documented is the deed considered valid under Alabama law
Can you quitclaim deed property to another person if their is more then one person on the original deed?
You can execute a 'quit claim' deed. It means that the person on the quit claim deed is giving all their rights to the property to the other person. It does not affect the rights of the other people on the deed.
What is a returnee in a quit claim deed?
The returnee would be the person to whom the deed will be sent once it is recorded in the land records. That would be the grantee in the deed: the new owner.
what is a ouick claim deed?
Quick Claim Deed is usually misspelled and should be Quit Claim Deed. If you are granting the deed you are "quitting" any interest in the property. A quitclaim deed is a fast and effective way of transfering property.
