Bankruptcy Debt Discharge Clarification

Summary

In Chapter 7 bankruptcy, child support, embezzlement-related debts, and recent tax debts are not dischargeable. Credit card debt incurred before filing is likely dischargeable. For property ownership in Indiana, Joint Tenancy with Right of Survivorship ensures the survivor inherits the deceaseds share.

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Read over the article titled "Ownership sticky for unmarrieds." There is another question on this test that uses this article, but asks a different question. What type of co-tenancy ownership should the couple have the deed indicate for ownership if they live in Indiana, and if they want the survivor to get their portion of the home if they die? Question * options: Tenancy by the Entirety Joint Tenancy with Right of Survivorship Tenancy in Common Separate Property Community Property
The couple should have the deed indicate "Joint Tenancy with Right of Survivorship." This type of co-tenancy ensures that if one owner dies, their portion of the home automatically passes to the surviving owner.
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