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That will depend on the separation agreement. Or it will be specified in the divorce agreement.

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Q: Your spouse moved out leaving mortgage and all bills can you get him to pay half?
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Does the word transfer include the word mortgage?

TRANSFER indicates the movement of an item, and in the case of "mortgage" means the change in ownership of the title (it is "moved" from borrower or seller to lender or buyer).


What is the difference between a reverse mortgage AARP and a regular mortgage AARP?

A reverse mortgage is for Seniors 62 and older. It uses equity in the home as a loan. It typically does not have to be repaid until the home is moved out of permantly. A regular mortgage is when you borrow money and pay it back on a home to build equity in the home. AARP does not recommend reverse mortgages.


What are the features of Firstline mortgages?

FirstLine Mortgages is no longer in operation. All FIrstLIne mortgages were moved to CIBC for ongoing service. There will be no change to your mortgage until renewal.


Does your spouse have to pay half of the mortgage if he moved out?

If your husband simply moved out there is no way you can make him pay the mortgage without seeking a court order. Since you both signed the mortgage the lender will hold each of you responsible for paying the mortgage. It will not hold you responsible for only half. The simple fact is that if the mortgage isn't paid on time the lender will take possession of the property by foreclosure.In the case of a divorce, the disposition of marital property will be decided by a judge if the parties cannot agree. There is no way to predict what the judge will decide in your particular case because there are numerous factors about your case in particular that the judge will consider:length of marriageability of the parties to gain assets in the futureminor childrenincome levelsability to earn income in the futurevalue of the property and amount owed on mortgageetc., etc., etc.If your husband simply moved out there is no way you can make him pay the mortgage without seeking a court order. Since you both signed the mortgage the lender will hold each of you responsible for paying the mortgage. It will not hold you responsible for only half. The simple fact is that if the mortgage isn't paid on time the lender will take possession of the property by foreclosure. In the case of a divorce, the disposition of marital property will be decided by a judge if the parties cannot agree. There is no way to predict what the judge will decide in your particular case because there are numerous factors about your case in particular that the judge will consider:length of marriageability of the parties to gain assets in the futureminor childrenincome levelsability to earn income in the futurevalue of the property and amount owed on mortgageetc., etc., etc.If your husband simply moved out there is no way you can make him pay the mortgage without seeking a court order. Since you both signed the mortgage the lender will hold each of you responsible for paying the mortgage. It will not hold you responsible for only half. The simple fact is that if the mortgage isn't paid on time the lender will take possession of the property by foreclosure. In the case of a divorce, the disposition of marital property will be decided by a judge if the parties cannot agree. There is no way to predict what the judge will decide in your particular case because there are numerous factors about your case in particular that the judge will consider:length of marriageability of the parties to gain assets in the futureminor childrenincome levelsability to earn income in the futurevalue of the property and amount owed on mortgageetc., etc., etc.If your husband simply moved out there is no way you can make him pay the mortgage without seeking a court order. Since you both signed the mortgage the lender will hold each of you responsible for paying the mortgage. It will not hold you responsible for only half. The simple fact is that if the mortgage isn't paid on time the lender will take possession of the property by foreclosure. In the case of a divorce, the disposition of marital property will be decided by a judge if the parties cannot agree. There is no way to predict what the judge will decide in your particular case because there are numerous factors about your case in particular that the judge will consider:length of marriageability of the parties to gain assets in the futureminor childrenincome levelsability to earn income in the futurevalue of the property and amount owed on mortgageetc., etc., etc.


What does the bank do with vacant reverse mortgage properties?

The object of a reverse mortgage arrangement is for the bank to sell the property for a profit when the mortgage becomes due. Banks do not sit on vacant properties for long. Generally, if the mortgagor is moved to assisted living or a nursing home the mortgage becomes due. Any non-borrower living in the premises must move out. If a borrower fails to pay the property taxes, maintain insurance or fails to maintain the home, that will result in a default and the lender can foreclose. See related links.

Related questions

Couple moved from California to kansas Husband is disabled vet spouse not working can husband be forced to pay wifes bills?

The assets of a husband and wife are considered to be merged. He is responsible for his spouse's debts.


Is a spouse entitled to settlement money?

Depends on the situation. Is there any adultry, abuse or have you moved out of the home or your spouse?


How do you get financial from your spouse who moved out?

You could hire an attorney to help you.


Are you wrong for paying wife's bills after she moved out?

Uh yeah. She shouldn't have moved out. Let her credit go down the toilet


How do you prevent spouse from moving after divorce?

You can't. You can only prevent any children from being moved.


Can you sue your non married partner for leaving the house you own together without giving notice or reason?

Unless you have a contract requiring notice or reason for moving out, no. (Well, you could sue, but you couldn't win.) You may, however, have a civil suit for their portion of the mortgage and expenses after they moved out.


Does the word transfer include the word mortgage?

TRANSFER indicates the movement of an item, and in the case of "mortgage" means the change in ownership of the title (it is "moved" from borrower or seller to lender or buyer).


Can a navy seal bring his unmarried spouse?

If he is unmarried, he doesn't have a spouse. By definition, a spouse is the person you are married to. No marriage, no entitlement to move or to benefits. Deployment orders may allow for dependents to be moved with the sailor. That is going to be based on the location and rank.


How did the show explain major burns leaving mash?

he was moved to a new regiment and was promoted


What city did superman move to when he left smallville?

Superman moved to Metropolis after leaving Smallville.


What relief can the mortgagee receive if 2 names on the deed but only one signed the mortgage and the person not on the mortgage moved out and left the expense to the one whose name is on the mortgage?

Regardless of whose name is on the mortgage the property legally belongs to the person or persons named on the deed. The mortgage is only a financial obligation, the deed is a legal ownership document. Of course, if the mortgage is not paid the mortgagor can file a foreclosure action against the property.


What is the difference between a reverse mortgage AARP and a regular mortgage AARP?

A reverse mortgage is for Seniors 62 and older. It uses equity in the home as a loan. It typically does not have to be repaid until the home is moved out of permantly. A regular mortgage is when you borrow money and pay it back on a home to build equity in the home. AARP does not recommend reverse mortgages.