Legal Question in Credit and Debt Law in Illinois

house forclosure

when my husband and i got divorced he decided to keep the house we had together and then he stopped paying the mortgage payment. the house was forclosed on and sold. i was wondering how this affects my credit and if there is any legal action i should take to remove this off my credit report.


Asked on 10/16/00, 7:22 pm

1 Answer from Attorneys
Lawrence A. Stein Aronberg Goldgehn Davis & Garmisa, LLC

Re: house forclosure

You remain liable on your obligations to others, even if you and your ex-husband agreed otherwise. The divorce between you and your husband is not binding on others. If, however, your husband fails to pay on an obligation of yours that under the divorce he was to pay, you can sue him for breaching your divorce agreement. The only way to eliminate your obligations is to get the agreement of the creditor that you are not liable, though few creditors will grant agree to this without refinancing.

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Answered on 11/14/00, 10:44 am


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