Saturday, January 25, 2014

My question is can my wife file a voluntary petition to try to stop foreclosure on house even though both our names are on mortage. In other...

Question

My question is can my wife file a voluntary petition to try to stop foreclosure on house even though both our names are on mortage. In other words can just one spouse file. and the trustee not go after the other spouse



Answer

Yes - of course, there should be a longer term plan as to how the keep the house if that is the goal.



Answer

Generally yes, but there needs to be a long term plan to prevent problems with the home for both spouses. A lawyer needs to decide the tactical advantages and disasvantages of a joint or individual filing.



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