hello all i need a brief explanation about tenancy by the entirety. can this keep ones equity from going to unsecured creditors if filing bk.
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T by E is reserved for married couples in states that allow that sort of ownership. Is your home titled T by E?
It's used when one spouse has the vast majority of the debt and is the only one filing. Yes, it protects the total equity in the home.
What state are you in and, how much equity in your home?
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