Debra B. asked
I purchased a property in Indiana and put it in an LLC under both me and my husband. The mortgage is under my name only. I am trying to short sale. If the bank looks at both of our incomes and does not qualify me for the short sale, and we go to foreclosure, will my husband's credit be affected, and can they hold him responsible in any way? If not him, can they come after me if I am not showing enough income?
March 7th, 2024
Melinda T. answered
Your husband's credit should not be affected, and they cannot obtain a deficiency judgment against h...
March 7th, 2024
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