Legal Question in Family Law in California

my wife has a loan on are house she left. house is in both are names but loan is just in her name how does that work


Asked on 10/08/15, 9:20 pm

2 Answers from Attorneys
Lyle Johnson Bedi and Johnson Attorneys at Law

You pay the loan or the holder of the note will foreclose on the house. The house is there to ensure the lender is paid in full.

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Answered on 10/09/15, 12:30 am
Arlene Kock Law Offices of Arlene D. Kock APLC

It is a debt that is assigned to the house and remains with the house till paid off. If you have a community interest in the house, the debt has to be satisfied before you figure out your community equity.

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Answered on 10/10/15, 8:37 am


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