Q: How would I list my house under the assets portion of my bankruptcy if the co-owner is not filing also?
My ex-husband and I own a house jointly. I am filing bankruptcy and he is not. How would I list the property under the assets portion of my bankruptcy. He intends to keep the house and continue to pay for it, but is unwilling to refinance it in his name alone.
A:
There's a section to put in the value, and another for the value you own. If you are on the mortgage, you put this as a debt on Schedule D, and your ex-husband would be listed as a co-debtor on Schedule H. If you are current on your mortgage, the bank, 95% of the time, will leave the arrangement undisturbed. However, if you want to be sure, you can reaffirm. I would suggest speaking to a bankruptcy attorney to be sure this is done correctly.
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