In bankruptcy sale, must co-owner pay 50 percent of expenses?
Judge decides whether property co-owner should pay sales costs
By Robert Bruss, Wednesday, December 28, 2005.John F. Flynn filed Chapter 7 bankruptcy. Among his assets, Flynn owned 50 percent of a property with his mother, Elsie C. Stine. At the time Flynn filed bankruptcy, the property was subject to a state court partition lawsuit to force its sale and divide the sales proceeds between Flynn and Stine.
The co-owners eventually agreed to sell the property.
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