Donna asked in Business & FinanceCredit · 1 decade ago

2nd mortgage defaulting?

How long can a second mortgage company come after you once you foreclose on the first mortgage? Will this affect your new spouse's credit if they come after you? If the second mortgage company comes after you and you have to file bankruptcy, will this affect the new spouse who has great credit?

2 Answers

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  • ?
    Lv 7
    1 decade ago
    Favorite Answer

    Just keep your finances separate, File separate returns. The mortgage lender will chase you forever.

  • Pengy
    Lv 7
    1 decade ago

    Was the home in both names? If yes they can come after him, you are married right? equal responsibility. The key here is married

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