House in is owned by two people. Can one of those two put the house into bankruptcy when he files and can he put his home equity loan as well?

Asked 11/6/2009 under Real Estate | 195 View(s) | More Legal Topics

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Joseph V. Priore / SANTUCCI, PRIORE & LONG, P.L. Answered 2 years ago | Contributor This attorney is licensed in Florida

This depends on how the property is titled between the two individuals.  If you are joint tenants or tenants by the entireties, then usually the answer is no as your interests in the property are undivided.  However, if you are tenants in common, your respective interests are usually yours to do as you choose.

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