Getting a devorce and house is facing forclosure but my name is not on deed. Am I liable.
If the bank is foreclosing on your spouse's house and you are not on the deed or mortgage then you are not responsible for the debt. The foreclosure should not affect your credit record.
Yes. The best thing would be to either get the house in the divorce, or get everything, including the mortgage, signed over to your soon to be ex.
Only if the foreclosure is a court-ordered foreclosure.AnswerThe mortgage is extinguished by a foreclosure proceeding and sale but you may be liable for any deficiency and costs relating to the sale.
I have just separated with my wife to which i have three children. I have moved out living with my mother. Is my wife and children entitled to stay in the house even if the mortgage is in my name.
If the loan was in both of your names, yes. That is your foreclosure also.
The executor is not personally liable for anything. The estate is liable for all of the debts. If the executor is going to inherit anything, there may not be anything for them to get.
You may want to double check the document to see if you were indeed liable on the loan. You may have not been on the loan but on the deed to the property also.
In almost every state, the answer is "NO".
Yes, the tax for carries both names, but you sue for the debt.
Yes signing it brings you in receipt and liable to agree with the terms of divorce or counter the terms of divorce to what fits your rights.
Yes, the bank can hold any one whose name is on the contract liable. Divorce papers are strictly an agreement between the couple, and do not mean anything as far as the bank is concerned.
Yes , you can divorce him once you have the evidence from the right source. Talk to computergeek351 At gmail for help
If you're the noncustodial parent, you might be liable. The fact that your husband has a child by someone else is irrelevant to this.