Adding to our recent post about the strength of tenancy by the entirety for owning martial property in North Carolina, I wanted to comment further about voluntary joint debts of spouses. Real estate, such as houses, owned by spouses as a tenancy by the entirety cannot be attached to and sold by a creditor of only one spouse to satisfy unpaid debt of that spouse.
Tenancy by the entirety
A form of joint ownership of property by spouses. Neither spouse may sell the property or encumber it with liens, and the surviving spouse automatically gains the deceased spouse's share of the property. Creditors of only one spouse cannot satisfy their debts from property owned as tenants by the entireties.