Need Advice on Title Holders and Bankruptcy
I’m hoping a bankruptcy attorney can provide me some advice, this is all hypothetical and my rentals are doing just fine. Let’s say I own 1 rental, title is held in my name and loan is in my name only. My wife owns a rental and title is in her name and loan is in her name only. We both own our primary house together where title is in our names and loan is in our names. If we default on either of our rental loans can anything happen to the other rental or our primary residence? Same for bankruptcy? Or is each property protected from the other?