Judgement on Real Estate

This is a discussion on Judgement on Real Estate within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; If I Quit Claim a property to someone and sometime later, say two months or so, a judgment is filed ...

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Old Oct 3rd, 2007, 09:32 AM   #1
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Exclamation Judgement on Real Estate

If I Quit Claim a property to someone and sometime later, say two months or so, a judgment is filed against me, can the property transaction be voided and seized by the creditors?
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Old Oct 4th, 2007, 10:59 AM   #2
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Default Re: Judgement on Real Estate

If suit has already been filed it will be tougher. You should consult with a debtors rights lawyer and see what planning can be done.
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Old Oct 4th, 2007, 06:15 PM   #3
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Confused Re: Judgement on Real Estate

No suit has been filed. The real estate transaction has been in the works some time before I got in financial trouble.

I'm concerned that the creditors that are starting to lean on me will mess up the deal after the thing is finalized.
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Old Oct 6th, 2007, 03:47 PM   #4
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Default Re: Judgement on Real Estate

Consult with a lawyer and do the transfer before any suit is filed.
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Old Oct 30th, 2008, 04:33 PM   #5
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Confused Re: Judgement on Real Estate

i just bought a house can if i owe a dept can they come in and take my house if i am paying a moragie
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Old Oct 30th, 2008, 04:40 PM   #6
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Confused Re: Judgement on Real Estate

i just bought a house can if owe a dept can they come in and take my house if i am paying a moragie
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