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if my wife and i are on the deed, but only my name is on the loan documents, is she responsible for the debt (mortgage)?

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Icon Mini Profile vanlee





Joined: 08 Mar 2010

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Post Posted: Mon Mar 08, 2010 7:45 pm    Post subject: if my wife and i are on the deed, but only my name is on the
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if my wife and i are on the deed, but only my name is on the loan documents, is she responsible for the debt (mortgage)?...state is California
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Mon Mar 08, 2010 10:55 pm    Post subject:
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Hi vanlee,

If your wife's name is not on the mortgage documents, then she won't be held responsible for the mortgage. The lender will not come after her to collect the dues if you have defaulted the payments.

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