Legal Question in Real Estate Law in Florida
Foreclosure/credit
A couple divorced and wife quit claimed the property, but husband did not refinance. If it goes into foreclosure, will it also go against the ex wife's credit?
Asked on 3/26/09, 10:53 am
2 Answers from Attorneys
Frank J. Pyle
Probate Attorney Throughout Florida
Re: Foreclosure/credit
The mortgage holder will include her as a defendant, so it will show up. Of course, she may file an explanation with the credit bureaus.
Answered on 3/26/09, 12:45 pm
Brent Rose
The Orsini & Rose Law Firm
Re: Foreclosure/credit
Yes, it will go against the wife's credit just as if the quitclaim had never happened.
Answered on 3/26/09, 2:03 pm