Legal Question in Real Estate Law in Georgia
Are my assets obligated in my husband�s home loan? Can they become an issue if he tries to get a deed in lieu to get out of the underwater home loan? I am not in the loan. I own a condo in my name and some money in a savings account. Neither of us owns anything else. Thanks.
Asked on 3/19/13, 1:02 pm
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
In Georgia as long as you don't do anything financially together, such as sharing a bank account, his problems only affect his assets and not yours.
Answered on 3/19/13, 3:53 pm