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Old 05-29-2009, 12:09 AM
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Default If divorced and house now in foreclosure with ex name

still on the mortgage will they come after her? I am divorced from the ex, a quit claim removed her from the deed and I had one year to refinance the ex off the morgage, it's been over a year couldn't refi because of credit scores and no equity in the house. The house is now in foreclosure and the papers have been served, if I let the bank foreclose will they go after the ex for anything?? She is remarried and renting. Oh and also, the house has been valued at 215000 but the mortgages total 317,000 a defecit of 112,000 what happens in a short sale? There a 2 mortgages and a home equity line of credit on the house. The first mortgage is in foreclosure and is held by the same bank as the HELOC which is close to foreclosure. The second mortgage is currently up to date through a recent modification.This is my boyfriends house and we live together in it.
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