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What happens to my half of property when my property partner files for bankruptcy?

1 Answers. Asked on Jun 04th, 2017 on Bankruptcy - New York
More details to this question:
Hello, a friend and myself own property. He has now filed for bankruptcy. what happens to my portion of the land?
Answers Showing 1 out of 1
Answered on Jun 04th, 2017 at 6:59 PM

If his portion is not exempt, the trustee can sell the whole thing and give you half the proceeds.

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