Posted on: 13th Oct, 2010 10:04 am
My husband and his former wife divorced in 1996. She kept house. She paid him the money from equity in house. He signed off house. In 2004 she refinanced house. We just received a summons from her mortgage company with my husband listed as one of the defandants being sued. How is this possible
Hi teddy,
If your husband's former wife refinanced the mortgage in her name, then your husband should not receive any summons from the lenders. Your husband should contact his former wife and the lender and clarify the matter.
Thanks
If your husband's former wife refinanced the mortgage in her name, then your husband should not receive any summons from the lenders. Your husband should contact his former wife and the lender and clarify the matter.
Thanks
Foreclosure procedures vary from state to state. In states where mortgages are used, owners can become the building for almost a year, in states where trust deeds are used, the seller has at least four months, the manager states require exit. Many also of buyers to sellers of certain information concerning purchases of securities.