Legal Question in Bankruptcy in Iowa

My name is still on my ex husband's house

I am considering filing for bankruptcy, my only question is how it will affect his house. He lives in Iowa, and I in Illinois.


Asked on 2/25/02, 5:41 pm

1 Answer from Attorneys
Bruce Buckrop Bruce Buckrop

Re: My name is still on my ex husband's house

Did the divorce decree award the house to him, or did you maintian an interest in the real estate pursuant to the divorce decree? Since you do not live in the house, it is not homestead, and if you file bky, the trustee assumes your interest int the house and the ex may have to buy it out from the ch 7 trustee, or be subject to a partition suit, and lose the house that way.

Read more
Answered on 2/26/02, 11:51 am


Related Questions & Answers

More Bankruptcy Law questions and answers in Iowa