Full question:
I was divorced 2 years ago and I'm now re-married. My new wife and her mother have obtained financing for a new home that will be occupied by me and my new wife. I signed a quitclaim deed on the home that my ex and I financed and that home is being foreclosed on. I want to be on the deed for the new home. What legal ramifications will I face regarding the old mortgage?
- Category: Debts and Credit
- Date:
- State: Florida
Answer:
If your mortgage went into foreclosure, it may show on your credit report for seven years.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
