In reference to my question about foreclosure. My name is not on the loan although it is on the Deed?


Question:
Does anyone know how this affects my credit? Also in reference to some of the answers that I recieved. Thankyou for your advice and kind words. The house is up for sale it's just not selling..I live in Michigan and for some of you, who don't know? the economy here is horrible. It makes me so mad because my soon to be ex makes a great living and this did not have to happen. He is such a control freak and wants to destroy everything so I have nothing !`Which is o.k. I know I'll be fine. I've been looking daily for another home to live in. Thanks again for all your answers. Please if anyone has been through anything simular to my situation pleasr give me some information, advice anything that may help me with this mess

Answer:
I have been through the part about the spouse being a control freak. My ex cursed and carried on until I sold both of my properties (in my name only) just to keep my sanity while i was living with him. " Remember ladies never sell your property to please a controlling man". I ended up moving out with nothing, into a dog house that was not suitable for a pig. My attorney told me I was too kind hearted, but by the time I divorced him I was too weak to fight any longer. I gave him the house and the payments and told him to take a hike. I signed a Quit Claim to the property and was glad to do it. Maybe you should call an attorney and see if one will give you a free consultation and discuss this with him. Frankly, I feel like your credit will be intact, but because you are married there may be a problem, depending on the laws in your state. Is the attorney handling your divorce representing you or your husband? Maybe they can give you a few answers. Most people realize the impact of divorce. When you go to obtain credit, if this does effect you; remember to explain the reason this happened and tell them about the divorce. You may need to write a letter of explanation to a creditor.
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