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Quintanam7 · Joined: 06 Jul 2009 Posts: 1 1.00 Dollars($)

If my fiancé has foreclosures/tax issues how will it affect me in the future??

jameshogg · Posted: Mon Jul 06, 2009 7:37 pm Post subject:

Hi Quintanam,

If your name is not mentioned on the mortgage docs i.e if you're not a co-borrower of the mortgage, your fiance's foreclosure or tax issues won't effect you. However, if you're a co-borrower, then a foreclosure will effect you. It will reduce your credit score by 250 points. Moreover, it would remain on your credit report for 7 years.

Thanks

Guest

Hi, can anything be done to me legally if I marry my fiancé has several forclosure/tax issues? Can they come after me and take anything from me even though my name is not on any documents?

adonis · Posted: Tue Jul 07, 2009 8:45 pm Post subject:

If your name is not on any of the documents, then the lenders/creditors will not be able to sue you for anything.

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