Legal Question in Credit and Debt Law in California
I signed under 5 documents when friend was purchasing house. I was told my involvement would only be a year (on title--he had too many in his name). It's going into foreclosure now and creditors are coming after me. #1: is it possible for me to have signed for loan (I didn't read docs--I know dumb, but was recovering from stroke). Friend's mom was agent. I know when I bought my home i initialed & signed MANY docs. I don't believe I put my fingerprint in a notary book. The mom is a notary too. #2. I have NO documents related to home , loan..etc. #3. I am permanently disabled (collecting social security), have no savings. I live in California. What do I say to collection agency who is calling & sending "threatening" letter? I don't need this stress and don't necessarily want to cause problems for friend & mom ( who I no longer talk to because of this house)
1 Answer from Attorneys
You really need an attorney to sort it out. But if they are trying to collect some of the papers leads them to believe either through title or loan that you should pay...but be careful what you do because this easily could turn into a mortgage fraud situation against you