Legal Question in Credit and Debt Law in Virginia
My home loan is in my name only but my husband's name is on the title. His only source of income is his social security. He is being sued due a balance left after an auction of a repossessed boat. Can they come after our home since his name is on the title?
Asked on 10/19/11, 8:23 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
No, not if you jointly hold title with him by what's called
TENANTS BY THE ENTIRETIES and you have no responsibility for the
claim on the repossessed boat.
Answered on 10/20/11, 12:04 pm