Legal Question in Real Estate Law in Georgia

Are my assets obligated in my husband´s home loan? Can they become an issue if he tries to get a deed in lieu to get out of the underwater home loan? I am not in the loan. I own a condo in my name and some money in a savings account. Neither of us owns anything else. Thanks.

Asked on 3/19/13, 1:02 pm

1 Answer from Attorneys

Glen Ashman Ashman Law Office

In Georgia as long as you don't do anything financially together, such as sharing a bank account, his problems only affect his assets and not yours.

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Answered on 3/19/13, 3:53 pm

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