line decor
line decor
 
 
BBB

TASC

Franklin Debt Relief, LLC is a member of (TASC) The Association of Settlement Companies. This trade association has developed a standardized industry disclosure for consumers.
 


 

Tenancy by the Entirety Overview
Call Today: (877) 274-1260
  
Start here for
debt help!
  • Reduce your monthly payment by up to 50%
  • Be debt free in as little as 12-30 months
  • Settle your debt for only 40-50% of what you owe
  • Make one simple monthly payment
  • Don’t risk your home or other personal property if you miss a payment
  • Don’t pay service fees unless our debt relief program saves you money
  • Reduce your stress and get a “New Deal”!

Using Tenancy by the Entirety to Protect your Assets

Tenancy by the entirety is a special kind of property ownership that's only for married couples in a handful of states. With tenancy by the entirety, both spouses have the right to enjoy the entire property. In the event that only one files bankruptcy and property is held in both names, then the property is 100% protected. If both file bankruptcy, however, the property is not protected and may be liquidated to pay back any unsecured creditors. Tenancy also applies to judgment liens (i.e. liens on home, checking accounts, etc.) Some states allow tenancy by the entirety rights for all property, whereas others reserve it only for real estate. Tenancy by the entirety property ownership rights apply to all debts except IRS tax debt.

Full Fledged Tenancy by the Entirety States

  • Alaska
  • Arkansas
  • Delaware
  • District of Columbia
  • Florida
  • Hawaii
  • Maryland
  • Massachusetts
  • Mississippi
  • Missouri
  • New Jersey
  • Mississippi
  • Oklahoma
  • Pennsylvania
  • Rhode Island
  • Tennessee
  • Vermont
  • Virginia
  • Tennessee
  • Wyoming

    Tenancy by the Entirety Only for Real Estate

  • Illinois
  • Indiana
  • Kentucky
  • Michigan
  • New York
  • North Carolina
  • Oregon

    		•   
    First Name
    Last Name
    Phone
    ( ) -
    E-Mail Address
    Debt Amout