I
impalass
Guest
What is the name of your state? TEXAS
Please please help !!!! My question seems fairly simple .. if more details are needed do not hesitate. My husband purchased a mobile home while married to his ex wife .. she had no job and extremely bad credit therefore the loan was in his name only.They were married 7 years living together 2, in the divorce decree she was ordered to transfer into her name after showing interest in doing so... it never was done and she soon became 9 months late paying and finally it will be repossessed. Because they were married when it was purchased is she responsable for half the debt ??? or will my husband be solely responsable ?
Also because of this situation when it is time for me to purchase a home next year will I be penalized because of my husbands credit or if I apply for a loan will it solely be based on my credit history which is perfect ? We have only been married a year.
Thankyou for all advice offered
Please please help !!!! My question seems fairly simple .. if more details are needed do not hesitate. My husband purchased a mobile home while married to his ex wife .. she had no job and extremely bad credit therefore the loan was in his name only.They were married 7 years living together 2, in the divorce decree she was ordered to transfer into her name after showing interest in doing so... it never was done and she soon became 9 months late paying and finally it will be repossessed. Because they were married when it was purchased is she responsable for half the debt ??? or will my husband be solely responsable ?
Also because of this situation when it is time for me to purchase a home next year will I be penalized because of my husbands credit or if I apply for a loan will it solely be based on my credit history which is perfect ? We have only been married a year.
Thankyou for all advice offered