Post Foreclosure

Posted by Ashly Autry on October 18, 2006 at 09:29:03:

My fiance and his EX girlfriend got a mortgage as married people, (they were not), but he signed the papers as well as her. Anyway, the house has been foreclosed on, and it has been resold to someone else. On his credit, it still shows a balance of 90,000. Shouldn't he get a break, since they sold the home, and have their money for it? How long will that foreclosure stay on his credit? Will he owe that money forever? Thank you!

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• Re: Post Foreclosure - ForeclosureFish 14:37:45 10/18/06 (2)

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: My fiance and his EX girlfriend got a mortgage as married people, (they were not), but he signed the papers as well as her.  Anyway, the house has been foreclosed on, and it has been resold to someone else.  On his credit, it still shows a balance of 90,000.  Shouldn't he get a break, since they sold the home, and have their money for it?  How long will that foreclosure stay on his credit?  Will he owe that money forever?  Thank you!

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