Legal Question in Real Estate Law in New Hampshire
To avoid foreclosure I am paying on a home equity loan my deceased ex husband aquired. The bank says I am not responsible to pay it but if I don't they will foreclose. Is this correct
Asked on 11/06/13, 4:32 am
1 Answer from Attorneys
The scenario you describe sounds correct. The home equity loan is secured by a mortgage on the real estate. That mortgage can be foreclosed but only to the extent that your ex-husband had an ownership interest at the time he signed the mortgage.
Answered on 11/06/13, 1:00 pm