Legal Question in Family Law in Michigan
Mortgage respondisibility
Only my husband on mortgages,I am not named on the main mortgage Or 2nd mortgage, If we divorce Will I also be held respondable for the debt???
Even if we stay together and can't make payments will it effect my credit???
Asked on 12/01/06, 11:42 am
2 Answers from Attorneys
Re: Mortgage respondisibility
You're probably responsible for a portion of all marital debts. Your attorney will be able to give you additional information.
www.MidMichiganDivorce.com
1 8005766035
Answered on 12/01/06, 11:50 am
William Stern
William Stern, P.C.
Re: Mortgage respondisibility
The bank cannot hold you responsible but it is heoreically possible that you may owe your husband for part of that debt, due to the fact that it was the marital home utilized by both of you. William S. Stern
Answered on 12/02/06, 5:11 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
