Legal Question in Credit and Debt Law in Virginia

promissory note

is a promissory note enforceable against a property, if the property is in the husband and wife's name, but only the wife signs the note.

''payment will be paid upon the sale of their property.


Asked on 5/07/07, 2:15 pm

1 Answer from Attorneys
Robert Strupp Robert J. Strupp,Attorney at Law, PLC

Re: promissory note

The documents should to be examined to answer this. Generally, if both parties own the property--but only one signs the note, the property can't be foreclosed on. Again, an attorney should review this.

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Answered on 5/07/07, 2:40 pm


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