Legal Question in Bankruptcy in Florida

Contemplating foreclosure and/or Bancruptcy in Manatee County Florida on my primary residence. I have a 5 acre parcel free and clear that i need to protect. Can I quit-claim to another party and avoid it being part of any future considerations in the potential Foreclosure/Bancruptcy proceedings?


Asked on 3/07/10, 10:02 am

1 Answer from Attorneys
DMD PA DMD Law, PA

Not for bankruptcy. It would be considered a fraudlent transfer, and if you are considering bankruptcy as a defense against a foreclosure, then it cannot be done.

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Answered on 3/12/10, 12:41 pm


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