If I get sued will my partner's house be at risk?
Question Details: My boyfriend is buying a house that we will both live in. I will just pay half the expenses for running the house (i.e taxes, electric, phone, etc.). I am self-employed but am not an LLC or Incorporated, etc. If I get sued and I am not on the any of the paperwork for the house, would the house be in jeopardy or at risk?
- Auto Accidents
- Child Custody, Support, Adoption
- Collections and Debt
- Consumer and Lemon Law
- Criminal Defense
- DUI / DWI
- Divorce, Marriage, Alimony
No, only assets in a debtor's name (either solely or jointly held) can be at risk. Therefore, as long as your partner maintains the property in their name alone, the house cannoit be liened or otherwise by creditors.