Can a creditor sell a jointly-owned house for the debt of one part owner of the house?
September 4th, 2012 by Questions
My father and I own our home as joint tenants. I am the borrower and my father the co-signor on our mortgage. Mortgage payments are up to date. My father has an unsecured loan on which he has defaulted. The creditor is threatening to sell our house. Can they do that, seeing that I have a fifty-percent stake and mortgage payments are up to date?
Posted from: Ontario