bkhelp10
Junior Member
Last Activity: 05-09-2025, 01:44 PM
Joined: 04-29-2025
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Thank you for your response, i asked 2 different local attorneys and they both had conflicting responses so now I am confused. One said if we filled jointly then only joint debt holders can go for the TBE property and since we have only individual debts then all our equity and home is protected. The... -
Tenancy by the entirety - Filing jointly
We live in Virginia and hold our primary home jointly as Tenancy by the entirety. Outside of the mortgage which is joint and which we are current on we hold several individual debts but no other joint debts. We have significant equity in our primary home. It seems clear that if we file separately and... -
Majority business debt and High Income
Spouse and I have $2.8M of business debt in our real estate business backed by 4 properties which have a hard money loan that has come due. The properties had appraised at $3.4M earlier but due to market conditions we have been unable to find any buyer. We also have $0.9M in personal debt made up of...
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