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If she is about to file BK, then her interest in the property MUST be included in the petition as an asset. If there is enough equity, a BK trustee might even seize and sell the property- giving you your share of the money and after paying your friend the property exemption amount, keeping the remainder to pay off creditors. There is a possible defense called "bare legal title" but it would be up to your friend to prove he has no real possessory interest. Dont do it.
What else can I help you with?
Chapter 13 Bankruptcy filed october 2008 will owe 2500.00 for 2008 in federal tax can this be added?
Probably...at least the amount relative to income made PRIOR to the filing.
If a chapter 13 bankruptcy has not been discharged can a creditor be added?
The bankruptcy is not discharged, the debts are. A creditor can be added if the plan is not too far along or if you have the excess income to pay whatever the creditors are being paid (percent of debt) for the balance of the plan. If it is a post-filing debt, it cannot be added.
Can a bill be added to chapter 7 before the discharge?
No, only debts that existed before the BK filing are discharged. You cannot continue to accrue debt while in BK and expect to discharge that as well.
After the quitclaim deed is recorded what do you do to get the actual deed?
At most land record offices the deed will be mailed to you after it has been imaged and added to their records.
Why was chapter 614 sub-chapter B of criminal laws of Texas added?
What code? Penal Code? There is no chapter 614.
Can I move if I have 16 percent intertest in a house that I inheritate while filing chapter 7?
Filing a Chapter 7 does not prevent you from moving. You have to notify all the creditors, the trustee and the court of the change of address, by motion (see local rules for any specifics or consult a local bankruptcy lawyer).The inheritance will have to be added to the assets listed in Schedule A, with the value of the 16 percent equity, again by motion with copies to all the above.I recommend using a lawyer to do it right.
What does e stand for when it gets added to a ticker symbol?
It means that the company has not complied with filing requirements. The company has 30 days to satisfy the filing requirements or face delisting.
If your friend have added you as a friend in Facebook then how to accept his friend request?
You go to your notifications and then look for the friend request. :-)
Explaining the Quitclaim Deed?
A quitclaim deed is a legal document that is used to transfer real property, such as homes, land, and roads, from one entity to another. The entity who is signing over the property to another is referred to as the grantor; the grantee is the entity that receives the property. Since quitclaim deeds do not make any guarantees to the grantees, they are very rarely used to transfer property that has been sold. Quitclaim deeds are most often used to transfer property between people who are familiar with each other, and they can also be used to transfer private property to a business. The quitclaim deed form is the document that must be filled out to create a quitclaim deed.What a Quitclaim Deed Form ContainsBefore property can be transferred from one owner to another, a written document must be created. Many quitclaim forms are created by lawyers, but some grantors create their own forms. A quitclaim deed should contain the names of the grantor and grantee, the date the document was created, a legal description of the property, and a habendum. The habendum describes the rights the grantee will receive. There may also be a consideration added to the quitclaim deed. When added to a quitclaim deed, a consideration describes what the grantee will give to the grantor in exchange for the property. In most states, a quitclaim deed form only has to be signed by the grantor and notarized; the grantee is not required to sign the document.After the Quitclaim Deed Form has Been SignedOnce the signed form has been transferred to the grantee, the deed to the property is considered transferred. The deed should be recorded in the county where the property is located.An issue that can arise from a quit claim deed is that the grantor may not have claim to the property that is being transferred. Quitclaim deeds make no assertions that the property being transferred is without debt or not owned by another party; they just transfer the title from the grantor to the grantee. If the grantor did not own the property that was transferred to the grantee, the grantee does not receive the property. In many states, the grantee will not be able to take legal action against the grantor.
If inder chapter 13 and a new bill from current is going for a law suit can it be added to the chapter 13?
Question is unclear but - any debts which you incurred before bankruptcy filing but were not presented until AFTER your bankruptcy petition is accepted, are subject to the bankruptcy. HOWEVER - after the bankruptcy has been filed, you may NOT go out and incur NEW debt. Any newly incurred debt will NOT be protected by the bankruptcy shield.
In chapter 27 of To Kill a Mockingbird What event had been added to the fall social calendar in Maycomb?
Read the chapter
Is there a way to dissolve a life estate by using a quitclaim deed?
Yes. The person who owns the life estate can execute a quitclaim deed to the fee owner that releases all of their right, title and interest in the property. A statement can be added to the deed stating that the purpose of the deed is to extinguish the life estate. Once that release deed has been recorded the property will be free of the life estate.
