Posted on: 23rd Jan, 2012 07:12 pm
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!
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!
Hi moran!
Welcome to forums!
Your query has been replied to in the given page: http://www.mortgagefit.com/Mortgage-Basics/Name-on-title-but-not-loan-docs-Served-foreclosure-docs-Are-we-liable-and-how-do-we-remove-ourselves-from-lawsuit.html . Please take a look at it. I hope it will help you.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Your query has been replied to in the given page: http://www.mortgagefit.com/Mortgage-Basics/Name-on-title-but-not-loan-docs-Served-foreclosure-docs-Are-we-liable-and-how-do-we-remove-ourselves-from-lawsuit.html . Please take a look at it. I hope it will help you.
Feel free to ask if you've further queries.
Sussane