buy foreclosures florida
Am I liable for a foreclosure on property that my husband bought prior to our marriage? We live in Florida.?
My husband bought a house prior to our marriage. I am not on the deed to that house. If he has to foreclose on the property, will it affect my credit? In other words, can creditors come after me if he has to foreclose? We live in Florida and the house was bought in Florida. We currently live in the house. Again, my name is NOT on the deed. I had nothing to do with the purchase of the home. If you can send me the links with the info that would be very helpful.
Well as the others have told you if you are not part of that transaction and you have no privity to the agreements then marriage does not obligate you to the note, because Florida is not a community property state where if it was a community property state then by law the husband and wife own and owe 50/50 on properties acquired during marriage and in most cases in a community property state the acts of the spouse can cause a sole and separate property (acquired prior to marriage) to become community property here are some links
LAWS: http://www.flsenate.gov/Statutes/index.cfm?Mode=View%20Statutes&Submenu=1&Tab=statutes
STATE’S WEB SITE: http://www.myflorida.com/
HOMESTEAD EXEMPTIONS AND OTHER EXEMPTIONS: http://www.ocpafl.org/docs/hxbro.html#what%20is%20homestead
Homestead exemption from Indian River County Florida: http://indian-river.fl.us/government/propappr/hmexemp.html or laws from Justia: http://law.justia.com/florida/codes/TitleXV/ch0222.html
State bar Association: http://www.floridabar.org/
I suggest that you talk to a local legal begal and get some legal help, if you can not afford it go to this link
Free legal aid search for all states: http://www.lawhelp.org/
Tell your husband to go and visit these sites
The Fair Debt Collection Practice Act: http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm
Consumer Credit Protection US Federal Laws: http://uscode.law.cornell.edu/uscode/html/uscode15/usc_sup_01_15_10_41.html
Foreclosure requirement by HUD guaranteed loans: http://www.hudclips.org/sub_nonhud/cgi/nph-brs.cgi?d=MLET&s1=90-$%5Bno%5D&op1=AND&SECT1=TXTHLB&SECT5=MLET&p=1&r=39&f=G
For sure tell him to go see this one
National Home Recovery Program for foreclosures http://www.nhrp.com/
Buena Suerte
