No he cannot claim equity on the house. But the daughter can claim it according to laws in India. Some laws are really ridiculous.
If you are paying the mortgage, your husband didn't pay for the house. The bank owns the house and you and your husband have an equal share in the equity.
Generally, Home Equity up to $150,000 is exempt from a bankruptcy if the property is HOME STEADED.
He could only have claim to the portion of the house that was paid for with marital property. Meaning that if for those six months the mortgage was paid for out of a joint account, he could have a right to the equity generated by those payments.
Yes. The husband would be the sole owner of the property and could leave it to his wife in his will.
Yes but your parents being on the deed will have to also sign.
You will need to get it cleared up with the lender. If you do not want the house or any equity in it, then you could talk to the loss control department and send them what they need. Perhaps a quit claim and a copy of the divorce decree will be enough.
Yes. That is probably one of the times this would be the correct Chapter to use.
Maybe. If your parents are living in the house and you're not, you may be considered to have only an equitable interest, especially if there is not much equity in the house. If you live in the house with your parents, you may be enttiled to a homestead exemption, but this can be tricky. Talk to an experienced bankruptcy lawyer.
while an ex-husband has to let his ex-wife stay in the house until the youngest child is 18 in most states. after that he can ask hi ex to sell the house or buy him out, which usually ends in selling the house which price if it is paid off is divided 50-50
You could file a quit claim deed. It will not remove your obligations under the mortgage and since the quit claim means they get the same rights you have, it doesn't to any good, except if there is any equity in the property after the sale, they will get it, not you.
You can purchase a home with your husband and elderly parents by visiting a bank or mortgage broker. The bank or brokers office can help you fill out the paperwork to purchase a home.
Equity has little effect upon a lien. It just records the fact that someone has a claim to certain value in the property, regardless of who owns it or who has equity. In theory you can buy and sell land without any effect upon the liens, as long as the buyers are aware that they are getting encumbered title.