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  1. #1
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    can creditors go after home I use to own

    What is the name of your state (only U.S. law)?California
    I helped a friend buy a home both are name are on it .
    I've since removed my name and I have lost my job
    and unable to pay any of m credit cards. Can they put a Lien on the home
    I still live in .I removed my name from house about 8 years ago.


    Last edited by robothug; 04-14-2018 at 09:54 PM. Reason: my bad
  2. #2
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    Quote Originally Posted by robothug View Post
    What is the name of your state (only U.S. law)?
    What is the name of your state?

    If you no longer own a home, why do you think the house would be vulnerable to creditor actions?


  3. #3
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    thanks for the reply I live in California
    I've been doing random Google searches about creditors going back years to see
    if you owned something and going after said property


  4. #4
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    Quote Originally Posted by robothug View Post
    thanks for the reply I live in California
    I've been doing random Google searches about creditors going back years to see
    if you owned something and going after said property
    Creditors cannot attach property you do not own.

    How long ago did you sell your house (and to whom)?


  5. #5
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    Quote Originally Posted by quincy View Post
    Creditors cannot attach property you do not own.

    How long ago did you sell your house (and to whom)?
    He said he took his name off of it eight years ago.


  6. #6
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    Quote Originally Posted by LdiJ View Post
    He said he took his name off of it eight years ago.
    All of those details were added after I posted.


  7. #7
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    Quote Originally Posted by quincy View Post
    All of those details were added after I posted.
    I hate it when that happens.


  8. #8
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    I took out a home loan with a relative then had my name removed and placed my sister's name on it about eight years ago.
    sorry about the editing stuff


  9. #9
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    Quote Originally Posted by robothug View Post
    I took out a home loan with a relative then had my name removed and placed my sister's name on it about eight years ago.
    sorry about the editing stuff
    How did you "place" your sister's name on a home loan?


  10. #10
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    we went to the title company and had our names switched out


  11. #11
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    Quote Originally Posted by robothug View Post
    I took out a home loan with a relative then had my name removed and placed my sister's name on it about eight years ago.
    sorry about the editing stuff
    Ok, I think that we are mixing issues here. There are two things:

    1) The mortgage
    2) The deed

    You cannot just take your name off the mortgage so I am assuming that you are still liable for that. You can remove your name from the deed but sometimes that has a negative effect on the mortgage.

    The bottom line however, is that if you do not OWN the home, the only creditor that can go after it, is the mortgage holder.


  12. #12
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    I double check my name was removed from title and mortgage.
    thanks for the help LdiJ and Quincy I can stop stressing a little.


  13. #13
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    Quote Originally Posted by robothug View Post
    I double check my name was removed from title and mortgage.
    thanks for the help LdiJ and Quincy I can stop stressing a little.
    Yes. It appears you do not have to worry about the house.

    I wish you good luck in finding a new job.

    We appreciate the thanks.


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