Foreclosure

Foreclosure

Member since 2009 · 56 posts · 3 votes

My sister is marrying a man(nice guy) who is going to stop paying his mortgage payments upside down over $300,000 no hope for him. Anyways my sister just bought a home here in California and her credit is and always has been perfect I am just wondering since they are getting married later this month if her credit or a lein can be put against her when he stops paying on his house? Any help would be appreciated.

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  • Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
    17y

    Not a lawyer, and she should see one. But since his name is the only one on the lien, they could only go after his assets. His name is not on her house or the note on her house, so I don't think they can go after that. Now, if they get a judgment against him as a result of the foreclosure, future assets could be at risk.

  • Will BarnardPro Member
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    Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
    17y

    Your sister's future husband should consult an attorney and perhaps seek out bancruptcy rather than the foreclosure. It may be a better option.

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