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can creditors go after home I use to own

robothug

Junior Member
#1
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:


robothug

Junior Member
#3
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
 

quincy

Senior Member
#4
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)?
 

robothug

Junior Member
#8
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
 

LdiJ

Senior Member
#11
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.
 

quincy

Senior Member
#13
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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