Legal Question in Credit and Debt Law in California
Collect judgement
I am married in California and bought a house with my wife. Two years ago I signed a quit claim deed on the house and my wife refinanced the house in her name only. I have a credit card company ready to file a law suit for debt I personally guarranteed at a previous business.
My questions are:
1. Would my wife be responsible for any judgement.
2. Is the house considered community property if I quit claimed it before assuming the debt?
Asked on 11/09/06, 6:47 pm
1 Answer from Attorneys
Deborah Barron
Barron Law Corporation
Re: Collect judgement
Did your wife have a community interest in the business? If this debt occurred before the marriage, it is your sole debt. That doesn't mean they won't attempt to levy against community assets. I would need more details to give you specific advise.
Answered on 11/09/06, 6:53 pm