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Legal...yes, presuming it isn't done trying to convert assets or benefit one creditor 9or yourself) over another.

It can be challenged and reversed upon filing the BK though.

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17y ago

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Related Questions

Is a will the same as a sale deed?

No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.


Can you include a house in a chapter 7 bankruptcy if you already quit claimed it?

No, not if the quit claim was a legal transfer under the BK laws. If it was not an allowable transfer the BK trustee/court may dismiss the quit claim and the property may be subject to BK action.


What legal document is used to transfer the title of real property from one party to another?

A deed is the legal document used to transfer the title of real property from one party to another.


What are the objects and functions of conveyancing?

The object of conveyancing is to transfer legal ownership of property from one party to another through a legal process. The functions of conveyancing include conducting property searches, preparing legal documents such as contracts and deeds, facilitating the exchange of property funds, and registering the property transfer with the relevant authorities.


What is a property conveyance?

In law, a property conveyance is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or an easement right in land.In law, a property conveyance is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or an easement right in land.In law, a property conveyance is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or an easement right in land.In law, a property conveyance is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or an easement right in land.


Can someone transfer a house into your name while filing chapter 13 bankruptcy?

You should check with a Lawyer concerning transfer of property and Chapter 13 bankruptcy. Some things are legal and some things could bring a conviction of fraud and prison time. Sometimes there is an extremely thin line between the two! I assume that whoever is filing Chapter 13 has a lawyer. That would be the person to check with.


Is it legal to transfer property i have in my name to my children's name in form of a trust fund?

yes


Does legal aid cover bankruptcy?

unfortunately Legal Aid i not available for bankruptcy


Can you ask to have your Chapter 13 bankruptcy dismissed before your confirmation hearing because you want to sell your home?

You can dismiss a bankruptcy at any time. You can sell a home during a bankruptcy as well. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.


Does SPA Trust asset protection work in bankruptcy?

It can, provided the trust is written properly and, often more important, the transfer of property to the trust is not able to be considered a fraudulent transfer. You should consult an attorney to see if it would work for you, because everyone's facts are different. Todd H's experience: "I put a home in a SPA Trust a couple years ago and recently went through a business and personal bankruptcy. We disclosed everything to the bankruptcy judge and he said it was perfectly legal and a SPA Trust is not included in bankruptcy. I still have a home to show for it."


What if the debt is incurred after the bankruptcy filing but before the bankruptcy discharge?

When an individual files for bankruptcy, he/she must list down all the creditors and debts that they have. If the bankruptcy has already been filed and the individual has incurred new debt but has not yet been discharged by bankruptcy, that new debt is not included in the bankruptcy discharge. For an official opinion, it is advised you seek legal counsel. It is really important to seek legal advice from the expert about filing for bankruptcy.


What does motion to convey mean?

Motion to convey refers to a request made to transfer one's legal rights or property to another party. It is typically used in legal proceedings when a person wishes to assign or transfer their interests, such as in real estate transactions or asset transfers. This motion must be approved by the relevant authorities or court before the transfer can take place.

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