Legal Question in Real Estate Law in Florida

What is best strategy for Florida homeowner to eliminate mortgage debt, transfer title holder (unable to sell home), and stop paying past due and ongoing HOA fees. File for bankruptcy to eliminate mortgage debt and quit claim property to legal entity to remove personal liability of post bankruptcy HOA?


Asked on 10/08/14, 12:24 pm

1 Answer from Attorneys
William Gwaltney William W. Gwaltney, Attorneys at Law

You are on the right track. However, whether that is the best strategy for your situation can't really be determined with such limited information and through a forum such as this. That determination can truly only be made with a complete review of your case and your individual circumstances. Every one is different and there may be other options, or you may not be a good candidate for bankruptcy.

I encourage you to consult with a Bankruptcy attorney before making any decisions.

Good luck.

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Answered on 10/08/14, 12:30 pm


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