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Is a house which is jointly owned by a girlfriend and a boyfriend at risk if the girlfriend doesn't pay her credit card debt? |
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It could be. The wording of the title and state laws would decide if a forced sale could be implemented. More than likely the house is considered owned by Tenants In Common. The homestead exemption would also be a factor. The creditors could definitely place a lien against the girlfriend's share of the property.
First answer by Nikki. Last edit by Nikki. Question popularity: 27 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Credit > Credit and Debit Cards > Is a house which is jointly owned by a girlfriend and a boyfriend at risk if the girlfriend doesn't pay her credit card debt?
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Evict girlfriend from house? Can a sole debt be jointly liened? If your boyfriend ex girlfriend come over to his house what do you think about that?
