QUESTION
If applying for a car loan, home loan or trying to get a rental house, can my wife apply and consider the retirement income as hers?
Asked on Feb 11th, 2014 on Litigation - New York
More details to this question:
I'm retired from the Federal Government and I am receiving a pension and 401k disbursements. My credit rating is low due to a short sale, but my wife was never on the loan from the short sale so her credit rating is very high.
5 ANSWERS
Personal Injury Attorney serving Charlotte, NC
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Paul Whitfield and Associates P.A.
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Don't think so. She can do whatever on her own but she cant declare your income as her income can she?
Answered on Feb 18th, 2014 at 4:09 PM
Edwin K. Niles
Why not? Try it.
Answered on Feb 18th, 2014 at 3:36 AM
Probably not without your credit rating being taken into account since the retirement funds are really yours.
Answered on Feb 18th, 2014 at 3:36 AM
Commercial Contracts Attorney serving Boise, ID
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Peters Law, PLLC
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No, the retirement income is not hers, it is yours.
Answered on Feb 18th, 2014 at 3:35 AM
Chapter 7 Bankruptcy Attorney serving Syracuse, NY
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Andrew T. Velonis, P.C.
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What is your question? And why aren't you asking a banker?
Answered on Feb 17th, 2014 at 5:13 PM