Q: Oklahoma ... on my dads hose deed with 4 siblings so I own 1/5 I guess of property where my dad still resides ..
I have multiple creditors who could get a judgment on me... are they able to take my siblings share if we need to sell the house later or can they stop the sale what are my options?
A: If you and your siblings are all listed on the deed as joint owners, you would have an undivided one-fifth interest in the property. If a judgment is rendered against you and filed of record in the County Clerk's office, upon sale of the property, if within the statute that judgments are still valid, the creditor would only be entitled to the judgment amount up to your one-fifth interests share after closing costs. A judgment would not affect your siblings interests.
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