HomeIf you are divorced but your name is on the title of a home with your ex-husband can a bank put a lien on the home if you default on an unrelated auto loan?
Wiki User
2015-07-15 19:39:58
2015-07-15 19:39:58
the answer is yes they can,the question is why is your name still on the title after the divorce are you keeping the property together as a rental?you can go to your local county recorders office and see what liens you have on the property,the only ones that are always there is the mortgage company senior lienholder,and property taxes,they cannot foreclose on your home the car company would just get that money when you sell your house,laws vary state to state and it depends on what you officially were during marriage community property,etc.there are so many variables here to your question,if they have not put a lien on it yet,there are ways to keep your interest in the house but were they can't touch your assetts,you really could benefit talking with a real estate attorney,about your financial shape and how to protect your interests,we live in a reactive society,be proactive and protects your interests in advance,this is why the companies have all the advantages they think of the what if's.good luck (real estate agent)
Related Questions
If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.
You may use Mrs, or Ms or no title if you prefer. It's up to you.
The first line of the document.
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