chris369145
Dec 20, 2006, 08:30 AM
Hello:
I have a myriad of financial issues at this point in time. I have about 65k of unsecured debt. I have no assets with equity in them. My home is fully mortaged with no equity. I am falling behind on my unsecured debts and I am worried that they will file a lien on my home residence.
Here is my question. My wife and I have both of our names on the bank lending agreements and both of our names are on the title. I am contemplating signing a quit claim form and registering it with the county recorder office. I realize that I would be transferring my outrigtht ownership of the home to my wife, but I do not want any liens on my home.
If the quit claim is signed, notarized and filed with the recorders office can credit card companies file a lien on my home if I do not have my name on the title or deed?
Thanks
Jacob12
I have a myriad of financial issues at this point in time. I have about 65k of unsecured debt. I have no assets with equity in them. My home is fully mortaged with no equity. I am falling behind on my unsecured debts and I am worried that they will file a lien on my home residence.
Here is my question. My wife and I have both of our names on the bank lending agreements and both of our names are on the title. I am contemplating signing a quit claim form and registering it with the county recorder office. I realize that I would be transferring my outrigtht ownership of the home to my wife, but I do not want any liens on my home.
If the quit claim is signed, notarized and filed with the recorders office can credit card companies file a lien on my home if I do not have my name on the title or deed?
Thanks
Jacob12