Legal Question in Real Estate Law in Connecticut
foreclosure on half-equity
My wife and I are title holders on our house. credit card company won a judgement on a credit card debt strictly in her name. (prior to our marriage). foreclosure proceedings started. Can the foreclose on the whole house with both of us as title holder?
Asked on 12/20/06, 3:22 pm
1 Answer from Attorneys
James Aspell
Law Office of James F. Aspell, PC
Re: foreclosure on half-equity
If you own it as joint tenants, they would obtain title to the entire property. If you own it as Tenents in Common, then they would foreclose on her half.
Answered on 12/20/06, 4:35 pm