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Unmarried couple have a mortgage together no equity and its in foreclosure. Can he file a chapter 13 alone and repay both shares of arrearages or do I have to file too tho we have no other joint debt?
Wiki User
∙ 16y ago
I am pretty sure that him filing chapter 13 would only cover his debts. If you contact a bankruptcy lawyer they can lead you in the right direction, but I think you would still have responsibility being that you are also on the mortgage.
Wiki User
∙ 16y ago
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How do you get a list of foreclosures?
Search for a directory of free foreclosure listing sites There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. There are many companies/websites that offer access to foreclosure listings. The majority of these places will offer trial periods for you to take advantage of. Just pay close attention to the terms of service. In addition, are you looking for listings because you are interested in purchasing foreclosure properties? Or are you just looking to see what's going on in your area? If you are looking to purchase, please note that there are other properties available for which you can get a deeper discount than a foreclosure. Pre foreclosure properties (aka motivated sellers) need to sell and sell quickly, often times giving you the upper hand on the price you pay. Also, if you already have a trusted realtor agent working with, perhaps you can both work together in obtaining a list of properties under foreclosure which your agent can ask from banks.
Can a father and daughter have a mortgage together?
Yes, they can.
Can unmarried Catholics sleep together?
Sex before marriage is prohibited by the catholic church.
Does Christianity allow living of unmarried couples together?
No, they don't. That is call fornication. It is a sin.
Is a foreclosure considered a debt?
Foreclosure is not a debt, but it is a legal process taken when a debt secured by a property goes into default. The foreclosure itself is the method by which a mortgage lender will attempt to use the local court system to take a house back from homeowners who have failed to pay their mortgage as agreed. It is not a debt in itself, but it is the legal mechanism by which a bank can collect a debt secured by real estate. The debt is the mortgage balance that is currently due on the property. Homeowners take out a loan for a certain principal amount and agree to pay a set interest rate on the money borrowed, plus any other fees or charges that are listed in the loan documents. These extra charges typically have trigger effects, such as paying after the due date will trigger a late payment, or defaulting on the loan will trigger legal fees and court costs that will be added to the balance of the loan. Taken together, the principal, unpaid interest, and other charges constitute the debt owed to the mortgage company to pay off the loan in full. The bank, when they sue for the foreclosure, are stating that the homeowners need to pay this amount in order to keep the house. Of course, the court has to agree to this amount -- banks can not just add fees arbitrarily or unreasonably -- but few homeowners defend against the foreclosure lawsuit, which allows banks to get away with adding any fees they wish. Thus, when a bank pursues a foreclosure on a house, the legal process does not create a debt owed by the homeowners to the lender; this debt already exists as the mortgage on the property. Suing for foreclosure only indicates that the bank is attempting to prove in court that they are unable to collect their payments which the borrowers agreed to make when they took out the loan. Because of this default and the fact that the property was pledged as collateral for the loan, the bank is requesting that the court order the property to be sold to satisfy the debt that already exists as the mortgage.
Can more than one person get a mortgage together?
Yes.
What information do I need to have together before contacting a foreclosure attorney in Chicago?
Here's a website that has information on forclosures: http://www.dfi.wa.gov/consumers/education/foreclosure/prevent_foreclosure.htm. It may be able to help you in Chicago.
If a same-sex couple lives together but the home and mortgage are in the name of only one of the partners what happens to the house and mortgage if that partner dies?
Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.Generally, the mortgage should have been executed by both owners. The property would remain subject to the mortgage and the survivor would need to continue making the payments. Owners in a situation where two salaries are needed to make mortgage payments should consider life insurance to cover the amount of the mortgage.
What is the cohabitation family?
two people living together unmarried with family members from one or both with children
Can an implied-in-fact contract be created by the conduct of unmarried individuals who live together?
Yes - it's possible.
What is opposite from individual?
Regarding "single" to be unmarried, the opposite is a married person, or spouse.
Would a unmarried couple be eligible for Medicaid together?
If the unmarried couple has a child together, they would qualify as a family assuming other eligibility factors are met, such as citizenship and income. Otherwise, each individual would have to qualify separately, based on age (over 65) or disability.
