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Can the bank take my house if my spouse passed away and my name was not on the loan?
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Can a bank take your house away?
Yes if you cannot pay for it
How long can you live in the house after the bank takes it away and your not on the loan?
at the most of ten year
Can the spouse of a person who dies finish paying for the property?
If there has been a change in ownership the bank should be notified. They will need to make some changes in the account and will want proof of death and proof that the title to the property passed to the surviving spouse. In this economic climate the bank should be satisfied to allow you to take over the mortgage. You may want to speak with a local attorney who specializes in real estate transactions. She/he may be able to facilitate the negotiation with the bank for you.
What options are there if spouse refuses to pay one half of mortgage payment?
The options include: stop paying the mortgage and let the bank repossess the house; pay the entire mortgage yourself; divorce the spouse and move out; divorce the spouse and stay, while your spouse moves out; find out why your spouse refuses to pay half of the mortgage and see if some agreement can be reached; seek cheaper housing; go on an extended backpack tour of Europe; enlist in the army. That's about it.
If you owe debt and you and your spouse have separate bank account can the debtor garnish wages from your spouse bank account?
That depends on the nature of the debt and the laws of your state. You should seek the advice of an attorney to discuss your exposure.
My spouse passed away. Do I need to contact the mortgage holder to remove his name from the mortgage?
No, you dont unless he left the house to someone else. then you pay someone who works for the bank to back date the removal of his name from your new morgage. Good luck
Can a bank take your house away?
Yes if you cannot pay for it
Is anything aquirred after your spouse moves out of the house considered separate property?
That depends on whose money (what bank accounts) are being used. If your using your personal bank account but the bank account still has funds from both parties in it-
If two people own a home and are in the process of divorcing and one files bankruptcy on the house will the soon to be ex-spouse be effected?
You are a joint owner in the house, and presumably on the mortgage as well. The bank can come after you for the liability on the house.
How long can you live in the house after the bank takes it away and your not on the loan?
at the most of ten year
What happens to bank accounts after a spouse dies in Georgia?
Funds are transferred to the surviving spouse
If your spouse dies then receives a credit on a bank debit card can the bank take that credit and apply it to an outstanding loan that was only in your spouse's name?
Yes, if the loan is at the bank where the debit card was issued.
How does a surviving spouse cash a deceased spouse's stock check?
You should speak to a bank representative to determine if the bank will allow the check to be deposited in your joint account.
Is bank account joint if spouse not named on account?
No
Can the spouse of a person who dies finish paying for the property?
If there has been a change in ownership the bank should be notified. They will need to make some changes in the account and will want proof of death and proof that the title to the property passed to the surviving spouse. In this economic climate the bank should be satisfied to allow you to take over the mortgage. You may want to speak with a local attorney who specializes in real estate transactions. She/he may be able to facilitate the negotiation with the bank for you.
Why do you need a letter of testimentary?
My best friend passed away and has two open bank accounts. How can I close these accounts being his Power of Attorney?
Are you liable if you are getting a divorce and your house is facing foreclosure but your name is not on the deed?
Getting a devorce and house is facing forclosure but my name is not on deed. Am I liable.
