I am filing bk on my credit cards and i have a rental property that will be going also.My question is that on the rental property my wifes name is only on title not on the loan so that would mean that she is not responsible for the debt correct? From what i thought is that in michigan the spouse has to be on title but are not responsible for the loan
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Since Michigan is not a community property state, if your name is the only one on your rental property mortgage, then your wife can't be held responsible for the unpaid mortgage debt if you file Ch 7 and surrender the rental property.Originally posted by motox View PostMy question is that on the rental property my wifes name is only on title not on the loan so that would mean that she is not responsible for the debt correct?I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
Countdown: 60 months paid, 0 months to go
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