Legal Question in Bankruptcy in Nevada
My wife is going to file bankruptcy on her debt which includes our home in Nevada. With the house, the debt is all in her name, but we had a quitclaim deed done for both our names. So after she files bankruptcy, can they legally put her debt on me. If so, can I get that deed out of my name before she files bankruptcy and if so, what would I need to do? Thank You..
Asked on 2/19/10, 7:27 am
1 Answer from Attorneys
Unless you signed the Note on the house, you are not personally responsible for paying the debt. Although the mortgage company can foreclose on the property, they cannot sue you for payment even if your name is later placed on the title to the property.
Answered on 2/24/10, 8:16 am
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