QUESTION
Would I be responsible or my credit affect the loan before my marriage is not paid by my husband and his ex-wife?
Asked on Sep 06th, 2012 on Bankruptcy - Mississippi
More details to this question:
My future husband owns a house with his ex-wife. She does not want me having any rights on the house. She asked him to sign a quitclaim deed, which he did. Now, he does not have any rights on the property but the loan is under both names (his and ex-wife).
3 ANSWERS
Appellate Attorney serving Grosse Pointe Farms, MI
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Musilli Brennan Associates, PLLC
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It is not your debt, but is his. It may have an effect on your ability to be granted joint credit. See an attorney with the details and for a firm opinion.
Answered on Sep 14th, 2012 at 4:45 PM
Dennis P. Mikko
His debt would not affect your credit rating as it is not in your name or your responsibility. Marriage does not make you responsible for the pre-marriage debts of your spouse.
Answered on Sep 14th, 2012 at 4:38 PM
Chapter 7 Bankruptcy Attorney serving Clinton, MS
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Timothy Kevin Byrne Attorney at Law
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Only is you are a co-debtor.
Answered on Sep 14th, 2012 at 11:25 AM