Grand Rapids, MI asked in Real Estate Law for Michigan

Q: Can I quit claim home to spouse. I have a judgement against myself only. Home is held in tenants by entirety.

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2 Lawyer Answers
Thomas. R. Morris
Thomas. R. Morris
Answered
  • Dexter, MI
  • Licensed in Michigan

A: This conveyance could have negative consequences. For example, it could be the basis for the denial of your discharge were you to file bankruptcy. Moreover, the home is currently protected from the creditor according to the facts you gave. Whether you should follow through on your idea requires the consideration of a number of issues. You may wish to consult an attorney regarding your overall plan.

Kenneth V Zichi agrees with this answer

Kenneth V Zichi
Kenneth V Zichi
Answered
  • Fowlerville, MI
  • Licensed in Michigan

A: You CAN.

You most likely should not, however.

But this is not an appropriate forum to get specific legal advice and you REALLY should hire a local licensed attorney to review all the facts and provide you advice!

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