Legal Question in Family Law in Texas

Re: Separation & Foreclosure

A foreclosure will have a direct effect on the credit report for the party who signed the mortgage note. If he is the only person sho signed the note, the foreclosure will certainly damage his credit report.

Credit reporting agencies often link reports for married people because their Social Security numbers are linked by those who file information with those agencies. That situation sometimes results in the transactions of one party appearing on that party's report and on the spouse's report.

If your records are linked to those of your spouse, the foreclosure may also be recorded in your records.

There are means by which you can minimize any adverse effects to your credit rating. I suggest you contact a lawyer to discuss the situation.