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Re: BK not an option... now what?


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Posted by sparky (67.73.155.239) on March 17, 2004 at 16:51:18:

In Reply to: Re: BK not an option... now what? posted by MSM on March 17, 2004 at 16:39:34:

Is it possible to just transfer title to the house
to a relative and continue paying the exisiting
mortgage myself? (This seems too easy)

Would this allow a Chapt 7 or would the
mortgage debt be subject to the BK too? Can
you choose which debts for BK or do they all
have to go?

Instead, just default on credit cards - continue
paying mortgage and house protected since
not titled in my name??

What would mortgage co. do? As long as I
keep paying them.. no problem?


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