Posted on: 06th Nov, 2009 06:17 pm
My wife brought a house with her uncle and the mortgage is in her and her uncle's name, she has thrown me out since then and the house went into foreclosure, she is trying to make me pay the difference she owes the bank. Am i responsible to pay this.
Hi soniasimms,
You are not responsible for the mortgage if you did not sign on the promissory note. The mortgage was in your wife and her uncle's name. You do not have any liability towards the mortgage. She cannot make you pay the difference from the foreclosure.
You are not responsible for the mortgage if you did not sign on the promissory note. The mortgage was in your wife and her uncle's name. You do not have any liability towards the mortgage. She cannot make you pay the difference from the foreclosure.
Legally no unless the judge who is handling your divorce orders you to pay some or all of that.
Hi soniasimms,
As you mentioned that your name is not there on the mortgage deed nor you signed a promissory note, be rest assured, you are not responsible for the mortgage. If she cannot pay for the mortgage then she is liable for it and the lender will not bother you for that.
As you mentioned that your name is not there on the mortgage deed nor you signed a promissory note, be rest assured, you are not responsible for the mortgage. If she cannot pay for the mortgage then she is liable for it and the lender will not bother you for that.