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 kim0131
Joined: 31 Mar 2009
Posts: 1
1.27 Dollars($)
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 Posted: Tue Mar 31, 2009 12:17 pm Post subject: Name not on mortgage |
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| my husband and I are separating (live in Michigan). His name is on the mortgage not mine. If we divorce or they foreclose can they come after me for payment? |
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Garysnober
Joined: 17 Mar 2009
Posts: 455
15.40 Dollars($)
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| Posted: Tue Mar 31, 2009 1:54 pm Post subject: |
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| As long as you name is not on the original mortgage then they cannot come after you. Are you on the loan? If your on neither of them, then you should have no worries. |
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smithsussane
Joined: 18 Sep 2008
Posts: 3738
Location: Alaska
561.45 Dollars($)
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| Posted: Tue Mar 31, 2009 9:54 pm Post subject: |
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Hi kim!
Welcome to forums!
If your name is not on the mortgage, then the lender would not come after you for the deficient amount. As your husband's name is on the mortgage, he would be liable for the deficient amount and his credit score will get tarnished due to the foreclosure.
Feel free to ask if you have further queries.
Sussane |
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