Home arrow Mortgage Forums arrow Mortgage Problems and Solutions arrow

On deed, but not on loan note. Served foreclosure papers.

Author Message
moran1

Guest







Post Posted: Mon Jan 23, 2012 8:09 pm    Post subject: On deed, but not on loan note. Served foreclosure papers.
Like 0
Dislike 0

My in-laws added my wife to their deed as part of their estate planning. She is not on any of the loan documentation. They are late on mortgage payments and today my wife was served papers saying she is part of the foreclosure proceeedings.

What should we do? Is she liable in any way? Does she need to contact the court, the lender, or can her parents' lawyer do anything to remove her from the lawsuit? This is in FL. Thanks!

_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Tue Jan 24, 2012 1:17 am    Post subject:
Like 0
Dislike 0

Hi moran!

Welcome to forums!

Check out the given page in order to find a reply to your query: http://www.mortgagefit.com/Mortgage-Basics/Name-on-title-but-not-loan- docs-Served-foreclosure-docs-Are-we-liable-and-how-do-we-remove-oursel ves-from-lawsuit.html . I hope it will help you.

Feel free to ask if you've further queries.

Sussane
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Experts
Cliff Pape - market Analyst Cliff Pape
Market Analyst
Houston, Texas







Highlights
Related Readings
Bankruptcy
Mortgage Loan Modification
Mortgage after foreclosure
Avoid Foreclosure


Helpful References
Mortgage Terms
Mortgage News
Book Center
Mortgage Guide
Shop and Compare lenders


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.046 seconds.