Wife signs the loan with husband for first mortgage on the house,in case of divorce she still has to pay it?
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Wife signs the loan with husband for first mortgage on the house,in case of divorce she still has to pay it?
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Husband and wife have paid of house,purchased in marriage.They take a loan from private investor,both sign the loan,in case of divorce what happens with this loan?In state of Florida.
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johnnysunshine11
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Wife, husband, boyfriend, girlfriend...it matters not since you are an official "co-guarantor". You are both equally indebted until full payment is received Florida or anywhere. |
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its likely i will say douche bag
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they are both responsible for the loan. |
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Cathy
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The wife and husband own the house together. They're both responsible for the loan. |
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life goes on
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both atr responsible |
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cream_10451
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Yes If you signed you are also responsible for that money even after your divorce.PS: Stop trying to be slick and leave the man in debt. |
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zero tolerance
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she still has to pay it in case of divorce |
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leslie k
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I would hope it is at least 2 bedrooms so if it happens they can both reside in the house. |
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mack
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To the best of my knowledge, the First signature on the loan is responsible for payment. The other person is only responsible if that person doesn't pay. |
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