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Who pays the CC debt when two people live together and are not married but one of their names is on the title of the house but not the loan? |
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Answer
Whomever has signed the account is the person(s) resposible for repayment. Ownership of a house or morgagee is irrelevant except concerning bankruptcy or lawsuits.
First answer by anonymous. Last edit by anonymous. Question popularity: 24 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Credit > Credit and Debit Cards > Who pays the CC debt when two people live together and are not married but one of their names is on the title of the house but not the loan?
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Name is on title but not mortgage loan house is repossed foreclosed upon who pays?
