---

Name not on mortgage

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
kim0131 Joined: 31 Mar 2009 Posts: 1 1.27 Dollars($)	Posted: Tue Mar 31, 2009 12:17 pm    Post subject: Name not on mortgage Like 0 Dislike 0 my husband and I are separating (live in Michigan). His name is on the mortgage not mine. If we divorce or they foreclose can they come after me for payment?
Garysnober Joined: 17 Mar 2009 Posts: 450 15.29 Dollars($)	Posted: Tue Mar 31, 2009 1:54 pm    Post subject: Like 0 Dislike 0 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.
smithsussane Joined: 18 Sep 2008 Posts: 10030 Location: Alaska 919.49 Dollars($)	Posted: Tue Mar 31, 2009 9:54 pm    Post subject: Like 0 Dislike 0 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

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