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Old 01-03-2008, 07:16 PM
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Join Date: Jan 2008
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Foreclosure: loan's not in my name but the deed is


What is the name of your state? Tennessee

My house is in serious default.The loan is just in my mother's name and the deed was in just her name for the first year until, on my 18th birthday, we went and did a quick claim so that we were both on it.

Now my question is, because I am on the deed but not on the loan and the house is about to be foreclosed on will this affect my credit history and am I responsible for any of it?
I was told that it will go on my history as having property that's been foreclosed on.
I've also been reading about the foreclosure process and I've seen a lot about having to go before a court to set a foreclosure date. Is this true???? Because I'm not on the loan will I have to attend, if there is a court envolved?
About how long will it be since the notice of serious default (which included the dead line for having to pay the total amount that was past-due) before we actually have to leave the house?
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