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My ex including our marital property in his ch 7 bankruptcy

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PostPosted: Wed May 09, 2007 3:39 pm Subject: My ex including our marital property in his ch 7 bankruptcy

Hi,
My estranged husband (I'm legally separated in Maryland) is planning to claim chapter 7 bankruptcy to include our marital property, although I have always solely paid the mortgage on time.
He lives in Virginia and has never lived in the property. How will his bankruptcy claim affect me and what can my mortgage company do to help me to remove his name?
I have contacted my lender's legal department via letter, but waiting for a response. Also, I will be hit with a pre-penalty if I refinance early.

Immediate advice would be greatly appreciated.

Thanks.

blhiggins_2000



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PostPosted: Wed May 09, 2007 4:22 pm Subject:

Have you filed for the automatic stay? All efforts to collect any debts must stop unless it fits within one of the exception in the bankruptcy statute.

You have to be quick in filing the papers otherwise the court will try to liquidate your property since your ex’s name is in the papers.

ricjil

ricjil

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