What happens if foreclosure goes forward with co-owners? | NC

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Q: What happens if a foreclosure goes forward on a property that has multiple co-owners? A: It depends on whose ownership interest is tied to the debt. If all co-owners signed the deed of trust and it covers the whole property, the foreclosure can lead to a sale of the entire property. If the debt reaches only one co-owner's share, the foreclosure sale usually affects only that person's…