Legal Question in Real Estate Law in California
My wife has been signing my name to credit cards and home loans and re-fi'd our home for an additional $200+K and invested in other real estate(s) which are being foreclosed along with non-payment of credit cards. The now $714K mortgage and bills on our home is exceeding my pension and soc sec.
What can I do? What sort of attorney should I contact if needed? My savings are disappearing.
How can I take a middle option of:
1. Bank eats some of the loan for allowing someone else to sign my name.
2. I eat some of the loan for not watching what my wife was doing.
3. My wife is penalized somehow for doing what she did and pays somehow
Other options are to eat the loan myself (can't do it) or sue my wife.
What sort of attorney should I be contacting? I do not want to move.
1 Answer from Attorneys
You should consult with a family law attorney. While your major concern is your home, the legal issues revolve around your marriage. Thus family law principles would be applied to the facts in your case. A review of all of the facts and supporting documents will be required to determine what options are available to you.
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