Legal Question in Bankruptcy in Georgia
Seperated and wanting to file Chapter 13
I'm seperated from my husband and plan on divorcing but before we do I want to file chapter 13 and he wants me to sign a quit claim deed conveying my interest in the house to him, if I do this wouldn't I still be liable becasue I am on the security deed?
3 Answers from Attorneys
Re: Seperated and wanting to file Chapter 13
Simply conveying title interest does not relieve you of any debt with regard to a mortgage. The only way to eliminate a mortgage outside of bankruptcy is to refinance.
Re: Seperated and wanting to file Chapter 13
Do not sign anything until you retain a lawyer. A transfer of property shortlky before a bankruptcy will often screw up the bankruptcy, and it also may create problems in a divorce. These are not do-it-yourself matters. You need your own counsel (NOT his lawyer).
Re: Seperated and wanting to file Chapter 13
Do not sign anything until you retain a lawyer. A transfer of property shortlky before a bankruptcy will often screw up the bankruptcy, and it also may create problems in a divorce. These are not do-it-yourself matters. You need your own counsel (NOT his lawyer).
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