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If my ex partner went bankrupt am I liable to pay her half of mortgage?
Wiki User
∙ 14y ago
If it is in both of your names, and she is bankrupt...there are many variables. Do you plan on keeping the home? Do you live in it? Does she? Do you both?
You will need to consult with an attorney in your area to find out your rights and responsibilities here. That is very important.
Wiki User
∙ 14y ago
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Do you need your ex approval to move your new partner in your half owned house - Especially if you pay the interests only on mortgage?
no
You are being kicked out of your house that you have jointly shared with your partner for 6 years What are your rights if you have paid the mortgage jointly?
If you have proof positive that you paid half the mortgage (receipts, cancelled checks) you will have good grounds to fight the eviction.
I am on the title to my Aunt's condo-she passed away last year and no assets so the mortgage has not been paid in year and half I am not on the note- No assets Do I have any liability on this?
Not to the note or mortgage however if you are residing there or using it as a mailing address depending on the state you will be liable for rent to the note holder
If you are on a mortgage you have to claim half of the interest by Texas law?
If you are on a mortgage you have to claim half of the interest by Texas law?
If partner moves out and refuses to pay mortgage can you change locks?
Only if their name is not on the property deeds, if it is then it is legally half theirs also and you can not lock them out. Only the sheriff can lock you both out by the bank
Can you take your partners name of a joint mortgage if they are not paying their half of the mortgage as per agreement?
no
The mortgage is in your wifes name can the IRS take it?
What's more important is who the real estate is deeded to. If you are neither on the mortgage nor the deed, then the IRS would have a tough time taking it. An exception to this is if you live in a community property state, in which case you would automatically own half of the house regardless. Also, I am assuming that your wife is not liable for the taxes.
How do you sell your half of a business to another partner?
i have a very small business with a partner and want to sell my share either to my partner or another buyer, how do i value my half ?
What are the financial responsibilities of a citizen to an alien when there is a child and no marriage?
Just because your partner has no marital binding to you does not exclude you to your responsibilities to your child. You are still liable for child support. Sorry, it is probably not what you wanted to hear but the child is still half yours.
Your name is on the deed to a house but not on the loan are you entitled to half of equity?
Yes. If you are a joint fee owner and you didn't sign the mortgage then your half interest is free of the mortgage.
If you are going through a divorce can one spouse sign over their half of the mortgage to the other party without having to refinance?
It is my understanding that if both are on the mortgage, you must refinance so that you are both not held liable for the balance. If still on the note the other person would not be able to qualify for another house, car, etc. without that being considered as part of their debt.
Can real estate property be split and half of it sold when house is still mortgaged?
It all depends on the description of the property covered by the mortgage. If the entire property was described in the mortgage the bank owns an interest in it. A half cannot be sold unless the bank agrees to partially release that portion from the mortgage.It all depends on the description of the property covered by the mortgage. If the entire property was described in the mortgage the bank owns an interest in it. A half cannot be sold unless the bank agrees to partially release that portion from the mortgage.It all depends on the description of the property covered by the mortgage. If the entire property was described in the mortgage the bank owns an interest in it. A half cannot be sold unless the bank agrees to partially release that portion from the mortgage.It all depends on the description of the property covered by the mortgage. If the entire property was described in the mortgage the bank owns an interest in it. A half cannot be sold unless the bank agrees to partially release that portion from the mortgage.
