Legal Question in Bankruptcy in Florida
Rights To Your Home When One Party Files Bankruptcy
If an individual files bankruptcy or is sued for money owed from a personal indebtness before marriage, can the bankruptcy mean loss of a home or equity in a home if sold? And how does it affect the other partner as far as the home goes. Both names are on the home, so can they take all equity if the home is sold? Or can they make you sell the home for repayment of only one partners indebtedness?
Asked on 8/30/02, 6:21 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: Rights To Your Home When One Party Files Bankruptcy
In all liklihood your home is exempt from the reach of the creditors whom you described. You should consult with an atty. If you are in south florida, call me at 305 940 8080.
Answered on 9/01/02, 12:25 am
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