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Selling join name house vs insolvency
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SUSAmeiN
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Jul 22 2020, 12:21 PM, updated 6y ago
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Hi, want to ask regarding above title.
House join name. A and B
A, bankrupt while B not
If selling house, only A portion will go to the insolvency or both A and B will go to insolvency and they will refund back if there any excess money after deduction.
Anyone got experience regarding this?
Thank you
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SUSAmeiN
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Jul 22 2020, 07:29 PM
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QUOTE(mini orchard @ Jul 22 2020, 06:33 PM) A's portion goes to Insolvency only. No one is responsible for another person's debt unless he is a guarantor. Ok thank you. Yes, guarantor case.
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SUSAmeiN
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Jul 22 2020, 07:29 PM
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QUOTE(edyek @ Jul 22 2020, 06:32 PM) Only A portion will go to Insolvency. Tq
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