Response to Being Chased For Shortfall

He really needs to find out if he is still on the Mortgage. No matter if he signed the house deeds over to his ex if he is still named on the Mortgage Deeds then he is still liable, a Mortgage Company will not sign over a Mortgage if it has any arrears or shortfall so at the time, if he did sign over the Mortgage, it would have been in the black and he will not be liable for it. Check with Mortgage Company to find out exactly where he stands.

[ Previous | Next ]