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.Wife signs the loan with husband for first mortgage on the house,in case of divorce she still has to pay it?
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.Wife signs the loan with husband for first mortgage on the house,in case of divorce she still has to pay it?
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.
The wife and husband own the house together. They're both responsible for the loan.
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.
I would hope it is at least 2 bedrooms so if it happens they can both reside in the house.
both atr responsible
they are both responsible for the loan.
she still has to pay it in case of divorce
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