Foreclosure in 95206>Question Details

Chris, Home Owner in California

My foreclosed home has my name only on the loan. Will i have to add my wifes assets to figure out if Im insolvent?

Asked by Chris, California Tue Feb 5, 2013

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Chris’ answer
Rocky:

The asset im talking about is her life insurance which i believe was acquired before we got married. Do you know if i have to add this. Im guessing not since it was before we got married. Thanks
0 votes Thank Flag Link Tue Feb 5, 2013
You may not have to if your holding as separate property.
0 votes Thank Flag Link Tue Feb 5, 2013
Chris,
You best bet is to contact an attorney the specializes in foreclosures. Our opinion would be skeptical at best. Sorry.
0 votes Thank Flag Link Tue Feb 5, 2013
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