Legal Question in Credit and Debt Law in California

real estsate

I have a mortgage that may be foreclosed on. My father inlaw is a secondary signer on the loan. how will it effect him legally & creditwise, & if i have to file bk?


Asked on 6/08/07, 4:48 pm

1 Answer from Attorneys
Jonathan Stein Law Offices of Jonathan G. Stein

Re: real estsate

If he is a cosignor they will come after him for the loan amount or the difference between the sale price and the amount of the mortgae.

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Answered on 6/08/07, 11:01 pm


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