Consequences of having deeded a fraction of the home to 3rd party
Posted: Thu Jun 14, 2012 3:21 am
Listmates,
Prospective client was facing a foreclosure and went to an independent
paralegal where he received bad advice. Per paralegal's instructions he
deeded a fraction of his house to a 3rd party who filed chapter 13. The
planned foreclosure sale was taken off calendar. The 3rd party's
bankruptcy case was eventually dismissed for failure to complete emergency
filing, etc. Now PC is facing another sale date. He actually has a good
case and should be able to confirm and perform a chapter 11 plan.
How likely is it that in the new case, he will have problems due to having
followed paralegal's bad advice about deeding a fraction of the home to 3rd
party who, thereafter filed bk.
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
Listmates,Prospective client was facing a foreclosure and went to an independent paralegal where he receivedbad advice. 3rd party who filed chapter 13. The planned foreclosure sale was taken off calendar. The 3rd party's bankruptcy case was eventually dismissed for failure to complete emergency filing, etc. Now PC is facing another sale date. He actually has a good case and should be able to confirm and perform a chapter 11 plan.
How likely is it that in the new case, he will have problems due to having followed paralegal's bad advice about deeding a fraction of the home to 3rd party who, thereafter filed bk.
nk">Alik.Segal@gmail.com310-362-6157California Central District
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