foreclosure, name not on note

[hartson]

What is the name of your state? ohio

Hi my husband and I have expierenced some hard times. We are both on the deed to the property, he is alone on the note and we are both on the mortgage. Who is responsible? This only shows on his credit not mine. My question is when a forclosure takes place, will it report on my credit to since we are married?

Thank you for any advice you can offer.

[seniorjudge]

Originally Posted by hartson

What is the name of your state? ohio

Hi my husband and I have expierenced some hard times. We are both on the deed to the property, he is alone on the note and we are both on the mortgage. Who is responsible? This only shows on his credit not mine. My question is when a forclosure takes place, will it report on my credit to since we are married?

Thank you for any advice you can offer.

Yes, this will show up on your credit report but it has nothing to do with you being married; it has to do with the default on the mortgage.

[hartson]

even though the mortgage company has never reported on my credit report? also how is this affected by a Chpt 7 bankruptcy that has been discharged. This debt was included in it. thanks

[Indiana Filer]

Originally Posted by hartson

What is the name of your state? ohio

We are both on the deed to the property, he is alone on the note and we are both on the mortgage. .

Isn't the note and mortgage the same thing?

[seniorjudge]

Originally Posted by Indiana Filer

Isn't the note and mortgage the same thing?

No.

Google

promissory note

and

mortgage

and then report back with your findings.