Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property.
If he is not on the loan, then your house can be foreclosed and repossessed.
if i get my car repossessed, can they put a llien on the house?
no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(
Most likely not depending on what financial situation you're in.
then theyre out of a home
Deeds should always be drafted by an attorney. Errors made by non-professionals who draft legal documents can be costly to correct if they can be corrected.
It could. Take the son to court before the mortgage co. takes mum to court.
It is possible to work out a deal with the bank after it is repossessed. However, a new loan or legal agreement will have to be signed.
Deeds are recorded at your local County Clerk or County Registrar.
In general, yes, if you haven't files bankruptcy.
It depends on the state and his will, if he gives everything to you in his will, or at least the house, then you have no issue at all, but if there are children from a previous relationship and the husband has no will, you might have to buy them out or sell the place if they inherit under the state laws of intestacy. Check with your local laws and make sure you and your husband have wills.
Yes.
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.