Do I have to claim property if I own some in another state with someone else? 2 Answers as of February 17, 2012

Yes. All property on Earth or anywhere else in the Universe must be listed and disclosed on the bankruptcy schedules. There are no exceptions.

Yes, if you filed bankruptcy you are swearing under penalty of perjury that you have listed all of your world-wide property. All property that you own, no matter where it is. If there is property in another state that you own with someone else, and there is equity in it and it is "non-exempt", your Chapter 7 Trustee will want to be paid the value of it (or some other agreed amount) by someone. Typically the co-owner will make an offer to the Trustee to buy out your share. Or, if you have someone else, perhaps another relative that would loan you the money to buy your share from the Trustee, that might work. Another option is to file a Chapter 11 or 13 case, and propose to pay your creditors at least the value of the property over time, from your future income.