Legal Question in Credit and Debt Law in New York

loan
My ex partner and myself have a home equity loan in both names. We are separated, and she is looking to get a different type of loan in order to close the home equity and not have to pay it off once house sold. Can she get another loan with my name also listed without my signature?

Asked on 7/23/08, 6:29 pm

1 Answer from Attorneys

Michael Markowitz Michael A. Markowitz, PC

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Re: loan

Assuming that title to the house is in both names, both individuals would have to sign the mortgage securing the home equity loan.

Mike.

Answered on 7/24/08, 8:33 am

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