Legal Question in Bankruptcy in Georgia

Will my Husband and I jepordize loosing our home that was purchased under his business name if we file a personal chapter 7?


Asked on 3/08/11, 7:42 pm

2 Answers from Attorneys

Scott Riddle Law Office of Scott B. Riddle, LLC

Maybe, but certainly no one can answer with zero facts.

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Answered on 3/08/11, 7:52 pm
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Homes are almost never purchased by businesses. But even if that rare event happened, if you own stock in that business, the case may affect a home.

Having said that, you arer asking people with none of your information to hazard a guess, and there's no way to do that. When I initially talk to a bankruptcy client, I require a 20+ page completed worksheet so that I can determine what will happen. There is no way to begin to guess from one sentence.

Retain counsel.

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Answered on 3/08/11, 8:32 pm


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