Legal Question in Family Law in California
divorce & community property
My ex and I purchased a house while married; I am on the dead but not the loan. He has not made any pmts. on the house for over 6 months. Am I liable for the debt if it goes into forclosure-I heard CA doesnt forgive short sales or forclosures?
Asked on 2/01/08, 7:33 pm
1 Answer from Attorneys
Phillip Lemmons, Esq.
Phillip Lemmons APC, Attorneys at Law
Re: divorce & community property
If you are living in the home, then you could be liabile to husband for the fair rental value. I don't think the lender has a leg to stand on, but you court order will divide the debt between the two of you equally. It will be up to your ex to collect the judgment against you.
Answered on 2/02/08, 12:27 am