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    whereisthesun's Avatar
    whereisthesun Posts: 4, Reputation: 1
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    #1

    Feb 25, 2006, 12:33 PM
    Worried about equity line...
    My husband talked me into opening an equity line against one of my properties. He did not have good credit that is why I agreed to put it in my name at the time (and I was stupid). We acquired this loan after we married. The property is also solely in my name. I am worried that I will get suck with a gigantic loan to pay that we used together... HELP!!
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Feb 25, 2006, 12:47 PM
    Are you 2 separated/divorced now?

    The loan is both your responsibilities while you are married. If you are separating, make sue in the divorce agreement, he assumes 100% responsibility for the loan.
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