Posted on: 17th Jan, 2010 06:01 pm
My fiancee and I are wanting to get married soon, but I was laid off of my job and now they are going to foreclose on my house. How can he sign off his dower rights so that when we are married, they can't try to come after him or his wages for the house? Also, if he signs off his rights on my house, does that same document exclude him from all of my credit?
For instance, if I file bankruptcy to get out from under this house an credit cards, will his credit be at any risk?
For instance, if I file bankruptcy to get out from under this house an credit cards, will his credit be at any risk?
Hi ayoung,
I would suggest you to contact an attorney and take his opinion in this regard. However, as you are still not married to him, he won't have any rights to the property now. If the lender forecloses the property now, he won't be able to come after your fiance.
Signing off the rights on the property will not exclude him from your credit cards if you own them jointly. If you file bankruptcy alone, then your fiance's credit will not be affected.
I would suggest you to contact an attorney and take his opinion in this regard. However, as you are still not married to him, he won't have any rights to the property now. If the lender forecloses the property now, he won't be able to come after your fiance.
Signing off the rights on the property will not exclude him from your credit cards if you own them jointly. If you file bankruptcy alone, then your fiance's credit will not be affected.