If you get a deed of conveyance, and put ur house on in bankruptcy, can the bank still take it?
1 Answer | Asked in Bankruptcy Law for Nevada on Oct 29, 2012.
Answered On Apr 10, 2013
Too confusing to answer. Generally speaking, if you have fallen behind on mortgage payments the creditor has a right to foreclose on the property. Chapter 13, under which you propose to bring your loan current over a period of 3-5 years will prevent foreclosure. Not sure if that answers your question. Wise thing to do is to go consult with a bankruptcy attorney. They'll give you more information based on your goals and situation.