Legal Question in Credit and Debt Law in Texas
His debt, our house
My husband has some school loans that he is currently delinquent. We are considering buying a house. Can they take the house if he doesn't pay? The loans are not in my name at all. The house loan is under my name only, because his credit is terrible; however, we live in a community property state, so his name is on the deed. I just want to know if I will be at risk due to his delinquencies.
Asked on 2/16/07, 11:06 am
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: His debt, our house
If it's homestead, it's safe. Spec or rental, it's vulnerable.
Answered on 2/16/07, 11:16 am