Home / Malaysia Bankruptcy Law / Business & Consumer Bankruptcy Law Transfer My Name Out From My Home & Then File Bankruptcy Can I Transfer My Name Out From My Home & Then File Bankruptcy?

Transfer My Name Out From My Home & Then File Bankruptcy (modified 0 times) MsTeh Profile | Email Hi, I am Teh. I am loaded with more than $20,000 credit card debt and currently finding my debt unmanageable, with 2 to 3 months' overdue. Every month, I have to pay more than $1500 on credit card debt. With BNM's new rule on 10% late penalty on outstanding balance, I am getting more and more suffocated. I applied to AKPK's debt management program in August and will only know if it's approved the end of the year. I would be grateful if you could answer my question. I am so tight that I don't have spare money to get legal advice. I am worried they will charge me hundreds or thousands of dollars. Let's say my AKPK debt management program is not approved. Can I transfer my name out from my house to my partner? The house is under both of our names. And then I file for bankruptcy. I don't want my house to be repossessed and auctioned. I have refinanced my house once and honestly my home loan payment record is not so good. But I want to keep this house. I would be grateful if you could let me know if it's possible to transfer my name out of the house and then file for bankruptcy. Thanks 21 Sep, 2008 16:06:35

RE:Transfer My Name Out From My Home & Then File Bankruptcy (modified 0 times) NoName risky 22 Sep, 2008 23:00:16

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