Legal Question in Credit and Debt Law in New York

I own 50% of a property in New York. I've had multiple judgements against me personally (having nothing to do with the property) but I'm still scared I may lose it to creditors. In what ways could my creditors possibly impact the property I share ownership of with someone else?

Asked on 7/23/12, 7:11 pm

1 Answer from Attorneys

David Slater David P. Slater, Esq.

Your share is subject to levy and execution. They would then be co owners with the other owner.

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Answered on 7/23/12, 7:42 pm

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