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View Full Version : His debt or Ours?


husband&wife
Feb 21, 2006, 03:19 PM
Prior to getting married, "Dave", bought a house in Missouri. Then we got married in Missouri and have since relocated to Louisiana. If we quit paying on the loan -- will that go against my credit rating or just Dave's?

klmgb
Feb 21, 2006, 03:29 PM
If the mortgage loan is in both your names. It will go against both of you.

husband&wife
Feb 21, 2006, 03:33 PM
The mortgage loan is only in his name. However, I believe Missouri is a community property state, so I was concerned that even though the mortgage loan is only in his name -- I also would be held liable.