What happens to renters when home goes into foreclosure?

jd asked: Our landlord has not told us the home we rent is in foreclosure. I found out through notices addressed to him in the mail and through a website listing our home in foreclosure. As it is we pay rent a month in advance and have decided to pay on time instead so that [...]

How would foreclosure effect my spouse’s credit whose name is not on the mortgage?

Jack D asked: My business was severely impacted by the economy, and I’m now facing foreclosure. When we signed our mortgage, my name was the only one recorded. How would the foreclosure effect my spouse’s credit. We live in California if that matters. Your answers will be most apppreciated.IRAIDA

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• Recently Written

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  • Avoid Foreclosure – San Diego property managers help their clients to annihilate – PR Inside
  • Purchasing Foreclosed Homes – Survey shows buyers of foreclosed houses are looking to ‘trade up’ – Frederick News-Post
  • Loans To Prevent Foreclosure – Back injury and then layoff lead to ruined finances: Help Wanted – Cleveland Plain Dealer
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  • Buying A Foreclosed Home – Economy – Tuesday – Yahoo Finance
  • Buy Foreclosed Houses – Survey shows buyers of foreclosed houses are looking to ‘trade up’ – Frederick News-Post
  • Buy Foreclosed Houses – Goldman Fueled AIG Gambles – Wall Street Journal