Consumer Protection

questions & answers

Question: My former wife lives in a home that has both our names on the deed. I have not lived there for over 40 years. Do I have any liability and if so how can I protect myself?

Answer: If a person is listed both on the note and the deed of trust, the individual may be considered a borrower by the lender. Contact the lender to determine if you are liable for the mortgage. Also, contact an attorney to determine if providing a copy of the divorce decree will release you from liability.

QUESTIONS

  • My former wife lives in a home that has both our names on the deed. I have not lived there for over 40 years. Do I have any liability and if so how can I protect myself?

STORIES

  • I just helped my mother, age 89, deal with her Medicare HMO. . .
  • I just helped my mother, age 89, deal with her Medicare HMO. . .
  • He told me that I could actually get all the money I needed by using my home as collateral. . .

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FIND LEGAL HELP

  • Please select your county of residence below.

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OTHER LEGAL RESOURCES

  • State Bar of Arizona
    www.azbar.org
  • Maricopa County Bar
    www.maricopabar.org
    Referral number 602-257-4434
  • Pima County Bar
    www.pimacountybar.org
    Referral number 520-623-4625
  • National Domestic Violence Hotline
    800-799-7233
  • Bankruptcy Court Self Help Center
    866-553-0893
  • Certified Legal Document Preparer Program
    Link

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