Residential Investment

I have a privilege to judge a residential investment property that I own 25%. It is the only RE in my possession. The mortgage on the property is $ 115k, the lien is $ 110k and the property is valued at $ 200K. If I file personal bankruptcy (Chapter 7), the privilege will be withdrawn? What if I sell my share to my partners, they must pay the full amount of the lien? Is this still the privilege of ownership, even if I sold my share?

In what state are you?