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The lender will go after whomever has the loan. The fact your name is XXXXX XXXXX title is not sufficient to create an obligation to the lender. The lender can take the property but may only collect a deficiency from the borrower.
If you are the borrower the bank in some states can get a deficieny judgment. Declaring bankruptcy may be a way t ptrotect yourself, but you may lose the assets anyway depending on how you file. You should try to negotiate the payments with the lender or sell the property.
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All comments are provided for informational purposes only. A local attorney should be contacted for specific legal advice.