Legal Question in Real Estate Law in Missouri
mortgage question
My husband and I have separated, he is on the loan of the house I am not, but I am on the title. If i walk away am I still financially responcable for the house?
Asked on 12/10/08, 2:08 pm
2 Answers from Attorneys
Joseph Burcke
Joseph R. Burcke, Attorney at Law
Re: mortgage question
In the divorce proceeding the issue of the indebtedness and the house, for that matter will be resolved. If you need help in this matter please contact me.
Answered on 12/10/08, 2:58 pm
Michael R. Nack
Michael R. Nack, Attorney at Law
Re: mortgage question
If you are not on the loan, then you are not liable TO THE LENDER. But, if you get divorced, the court might find this to be a marital debt. It sounds to me as if you need to consult with an attorney if you hve not already done so. You may call me for a consultation.
Answered on 12/10/08, 11:00 pm