Probably not all that feasible - Posted by JT-IN
Posted by JT-IN on June 13, 2008 at 11:00:19:
Time is the enemy… people generally wait until too late, just before the auction, then want to start transferring and pull the genie out of the bottle…
The issues you face are potentially a fraudulent conveyance… anytime a debtor undertakes an action to impeded the creditors collection action, such as you describe, it is debt avoidance which the transfer would likely be reversed by a Bk court. There are look back periods by the cour especially when there is an insider involved, (friend, relative, etc), that can easily negate any transfer of such a Deed within 1yr to as much as 4 yrs, for insiders.
This can be done but you really need to know what you are doing and how to go about it, and the novice simply doesn’t know all the nuances and potential pitfalls to avoid. Once of the questions on the Bk paperwork is to list ALL properties that were transferred by deed within the past year… Any deletion of such a fact can skew the entire discharge of any debt… so extreme caution must be adhered to so as not to create a monster out of your well intended efforts.