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couple owns house one leaves and now that one is fileing bankrutcy what happens to the other person that's in the house

1 Answers. Asked on Mar 09th, 2014 on Bankruptcy - New Mexico
More details to this question:
relashionship ended badly.both own the mortage.one now files for bankruptcy.what is the law for the other person sill with the mortage?(couple not married)
Answers Showing 1 out of 1
Mr. Joseph Francisco Botelho, Esq. at Botelho & Associates, LLC
Licenced in MA
Answered on Mar 11th, 2014 at 12:28 PM

In this set of circumstances, due to the fact that the couple is not married, the non-bankruptcy filing person of the comparable will be liable for all of the mortgage. Basically if two people on a house, and one file bankruptcy, that person walks away from the mortgage if they received a discharge and are no longer liable for any mortgage payments. The remaining person who has not file bankruptcy, now is required to pay all mortgage payments or file their own bankruptcy.

 

I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.

Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship. 

 
Joseph F. Botelho, Esq.

BOTELHO LAW GROUP
Attorneys At Law


http://fallriverbankruptcyattorney.com/

901 Eastern Ave. 
Unit 2
Fall River, MA 02723 

Office:  888-269-0688
FAX:    877-475-8147

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