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Old 04-21-2009, 08:29 PM
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Default Foreclosure effect on spouse on title but...

...not on mortgage? (In California) Husband bought a property with only him on the mortgage, but later used inter-spousal transfer deed to add his wife name to title. Now, he want to foreclose the house. His credit will be ruined for sure, but will his wife credit will also get affected or not? Husband thought to do a inter-spousal transfer deed again and remove his wife name from title. Suggest what works best to saves wife's credit
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