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evary
Dud?


Joined: 31 Jan 2012
Posts: 1

Bankruptcy and mortgagew
PostPosted: Tue Jan 31, 2012 9:38 pm Reply with quoteBack to top

Does anyone know the effect of bankruptcy by one spouse in a divorce where there is a jointly held mortgage? What if there is a deficiency after a court sale? Does the bankrupt spouse get off Scott-free?

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evary
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syntheticheroin
Nitroglycerin


Joined: 05 Mar 2007
Posts: 646
Location: Lake of the Ozarks

Re: Bankruptcy and mortgagew
PostPosted: Wed Feb 01, 2012 4:02 pm Reply with quoteBack to top

define "the effect" ??

obviously it depends on the deal and it's anybody's guess - you'd likely be well advised to breeze this past local counsel.

\that being said, The Awesome Credit Repair person can do.

in the end, making a lot of money generally fixes everything.

just my 2 cents. which I stole.

hope this helps.


Make it a Great Day.

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