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Sir, while I appreciate your quick response I have already explored these possibilities.
1. They have already purchased another home and have other family members living in it, so by the time I get them evicted I will be in foreclosure. Apparently they have no equity to worry about losing. My home in KY does have some equity but I have nothing else of value.
2. I myself have been unemployed for four months, I absolutely cannot afford to make the payments on two houses, especially since the FL home is morgaged for
$200,000. and it is only now valued at $l45,000. They combo of 1st and 2nd morgage is
$2000.00 a month.
If I quick deeded my property in KY to protect the little I do have. what would my concequeses be? If jail time how long would you estimate? Hopless in KY
If you quit claim your property, the creditor can seek to void the transfer. It would be a civil action, not a criminal one.
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