Legal Question in Real Estate Law in Indiana

Home Foreclosure Balance due

If your home undergoes Foreclosure as a result of a divorce, and the mortgage company requires both of you to pay backpay, is it possible to have the balance of the back payments split between the divorced couple to pay the back payment to the mortgage company or does the monies have to be paid from a joint account?


Asked on 3/27/07, 2:23 pm

1 Answer from Attorneys

Re: Home Foreclosure Balance due

The mortgage company will not care what kind of accounts you use as long as the payments keep coming.

Read more
Answered on 3/27/07, 6:05 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Indiana