---

Do I have to pay it all

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
janisback Joined: 18 Jan 2011 Posts: 1 1.00 Dollars($)	Posted: Tue Jan 18, 2011 10:33 pm    Post subject: Do I have to pay it all Like 0 Dislike 0 When I married I owned my house,I put him on the deed and he refinced the house to pay off bills and get a town car,after 7.5 years we are getting a divorced and now i am stuck with house payments of 1186 a month.. In California, is this right ?
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Wed Jan 19, 2011 12:17 am    Post subject: Like 0 Dislike 0 Hi janisback, If your name is not mentioned on the mortgage loan, then you're not personally liable for the mortgage. However, if your name is mentioned on the mortgage and the property, then you will be liable for paying of the loan to the lender. Thanks
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 514 Location: Australia 82.40 Dollars($)	Posted: Wed Jan 19, 2011 1:32 am    Post subject: mortgage loan Like 0 Dislike 0 Hi, It is so sad to hear that you are getting divorced. Are you still the one paying it right now? You know what, I agree with jameshogg that if you're name doesn't appear on the the mortgage then you don't have direct liability for the said mortgage. It would be your prerogative then if you want to save the property. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0