Ask Experts Questions for FREE Help !
Ask
    oh2bCurious's Avatar
    oh2bCurious Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 18, 2012, 10:20 AM
    How can I protect my vested interest?
    I am married and live in Florida. Right now I am in the military and stationed in another state. My name is on the mortgage but not on the deed. I pay half the mortgage. I asked my spouse to add my name, but he refuses and I think I might get the shaft since we are experiencing marital problems anyway. What can or should I do?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
    		  
    #2

    Apr 18, 2012, 10:46 AM
    Are you on the mortgage note (which is not the same as the mortgage)?

    If not, if he were to fail to pay, you would not be liable for a deficiency judgment. Your name on the mortgage simply makes it easier for the bank to foreclose, if it needs to.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How a model, can protect her interest in the modelling industry [ 1 Answers ]

I am trying to find out how a model can protect herself from agents, fashion designers and photographers who might want to exploit her. I would also like to know what specific terms must be included in her contract to protect her interest and the laws she can rely on to help protect her.

Being vested [ 3 Answers ]

I was with my previous employer for 8 years, I became vested after 5. I never contributed to a 401k. What exactly are the benefits of being vested, i.e pension for retirement. My question is: Is there any money owed to me that I could take in one lump sum now, not retiring? - confused

401k Vested or Not Vested [ 1 Answers ]

I worked for my previous employer for a few years making regular contributions to my 401k with a small match from my employer. Now my employer has sold the business. I am told that I need to roll the money from my 401k into a IRA but I can only roll over the money that I am vested. Since I did not...

Vested money [ 2 Answers ]

How do I obtained money vested in companies I haven't worked for in over 25 years Will I be notified by the company around my retirement age letting me know I have Money vested or do I have to contact the companies

Vested amount [ 1 Answers ]

Friends, just need some clarification on some financial speak. What is vested amount in reference to a balance on a 401K statement? Thanks?

View more questions Search