CassieNet News :: Already got a mortgage :: RE: Bankruptcy: The last resort to get out of debt

Already got a mortgage :: RE: Bankruptcy: The last resort to get out of debt

Author: Samantha
Subject: RE:
Posted: Thu Nov 17, 2005 8:58 pm (GMT -8)
Topic Replies: 4

Hi,

Welcome to MortgageFit Forums,

Once you are in MortgageFit you need not worry.

Your spouse will not get affected if he or she is not responsible for any of your debt.

But in community property states either of the two (husband and wife) can contract for a debt without the signature of his or her partner on anything. Like day to day debts do not require both spouses to have signed. Still there are exceptions to it like sale and purchase of real estate will require signatures of both spouses.

Your attorney can help you in a better way in this regard.

God Bless You.

Thanks,
Samantha
_________________
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For the full story see:
http://www.mortgagefit.com/bankruptcy.html
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