Life Interest Property and Bankruptcy
November 4th, 2009 by Questions
I have a primary residences but I also have my name on deed for a farm that was willed to myself. My uncle has life interest on this property and is living on the property. If I was to file for bankruptcy would the deed of the farm I own come into play since my uncle has life interest listed on the deed?
Thank you.
Posted from: Ontario
One Response to “Life Interest Property and Bankruptcy”
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November 05, 2009 at 10:21 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
This is a very complicated issue and one you must discuss in person with a local trustee.