Jointly Owned Homes in Bankruptcy: What Happens?
A house divided against itself cannot stand. — Abraham Lincoln (assassinated 150 years ago yesterday) ASK LEON Bankruptcy expert Leon Bayer answers real-life questions. Dear Leon, My sister and I are joint owners of a home left to us by our parents. I live in the home and pay for the taxes and upkeep. There is no mortgage. My sister recently filed for Chapter 7 bankruptcy. She and I are barely on speaking terms. Here’s the problem. I got…