QUESTION
Is it right that in order to protect the property, he needs to waive his rights to the property instead of a quit claim deed?
Asked on Jul 08th, 2016 on Bankruptcy - Ohio
More details to this question:
My husband and I are currently separated (not legally). He just recently filed for chapter 13 bankruptcy and I am in the middle of purchasing my own separate home. What is this document?
1 ANSWER
Commercial & Bankruptcy Law Attorney serving Powell, OH
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Ronald K. Nims
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A spouse has limited rights in any real estate owned by their spouse, either a waiver or quit claim deed will extinguish these rights.
Answered on Aug 22nd, 2016 at 6:42 AM