Can i include a mortgage in my bankruptcy that i hold the financing on and my x wife holds the deed to the home
I hold the mortgage on the home. I was ordered by the judge to quit claim deed the property to her and hold the mortgage on the home until she could refinance the mortgage in her name.She has had trouble refinancing the home since it is valued at $45,000 below the amount owed on the mortgage because the market fell so badly. She makes the payments on the home. I am now wanting to file bankruptcy. Can I include the home in my Chapter 7 bankruptcy even though she resides in the home and holds the deed to the home? I just want it out of my name and it is taking too long for her to refinance. Can I go ahead and include the remainder owed on the mortgage in the bankruptcy so I can get rid of this debt? She had a time limit to refinance the home per the court order and has gone beyond that time limit that was ordered by the court, but I did verbally agree to hold the mortgage beyond the time ordered. I have grown impatient, and I want to file bankruptcy now and get this off my plate now. Can I do this?