answersLogoWhite

0

If two people owned property, executed a mortgage, and the mortgage is in default, the foreclosure will be filed in both names. It was both mortgagors who defaulted and both will be parties to the foreclosure. If one executes a quitclaim deed to the other that will not stop their being mentioned in the foreclosure.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Can a spouse claim bankrupt to keep from paying alimony?

A spouse cannot declare bankruptcy solely to avoid paying alimony, as alimony obligations are typically considered "non-dischargeable" debts in bankruptcy proceedings. This means that even if one spouse files for bankruptcy, they are still required to fulfill their alimony obligations. Courts generally view alimony as essential for the support of the receiving spouse, and bankruptcy laws do not allow individuals to escape these responsibilities through bankruptcy.


Can you quick claim property from your name to another person even though you are married?

You can quit claim your rights to the property. However, that doesn't quit claim your spouse's rights to the proprty. Once married the spouse in most states has rights to the property.


How do you use the word spouse in a sentence?

You can use "spouse" in the same way you would use "husband" or "wife". For example, "James had to file a claim for his spouse and another for his children."


How can you claim bankruptcy to avoid paying bills?

In order to claim bankruptcy a court has to issue a bankruptcy order against you. The best place to find information about bankruptcy and the whole process of declaring bankruptcy is the official government website.


If your house is paid for will you lose it if you claim bankruptcy?

yes another answer: you can't lose your primary residence; also - homestead it.


If an ex-spouse makes a claim on a life insurance policy and another inidividual is the designated beneficiary what consideration is given to the claim by the insurance company?

The person named beneficiary is the sole recipient, the ex-spouse would not have a supportable claim to any portion of the death benefit.


Can i sue someone if i am in the prossess of a chapter 7 bankruptcy?

Not as a rule. If the claim was something that arose after the filing, it will depend on the nature of the claim. If the claim arose prior to filing, you must have disclosed the claim in the bankruptcy documents and the trustee may take over the claim. Consult a lawyer knowledgeable in bankruptcy.


If a spouse passes away two months after you filed bankruptcy are the courts entitled to their life insurance policy and if so how long should you wait before filing a claim?

Most death benefits are exempted from bankruptcy procedure. This however depends on the type of bankruptcy being filed, and perhaps to the laws of the state of residency.


In a chapter 13 bankruptcy what if the trustee calls for an order expunging claim?

A judge or court may sometimes expunge a claim in bankruptcy court. This means that the claim is erased, as if it never happened.


Can you file a claim in a bankruptcy for repossession fees?

Sure


Can your wife claim bankruptcy with out affecting your credit?

She can, and yes it will


Can you claim bankruptcy for terminaly ill dad?

Yes.