Quit Claim Deed
I have a client that quit claimed 50% of her property to me. After much conversation, she has decided to file a chapter 13 bankruptcy. Does anyone know if I have to quit claim her property back to her for free?? There is 50k worth of equity in her property that I want ! :-S
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If you got something of value from a person who then declares Bankruptcy, the Trustee can look at your transaction and if it is determined to be a 'Sham', it will probably be overturned.
If i were you i would go to the bankruptcy
judge and see it you can sale the property as one of the interested parties.
And see it this will get you your half of
the intrest.