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Phillips Esq.
Phillips Esq., Attorney-at-Law
Category: Legal
Satisfied Customers: 19475
Experience:  B.A.; M.B.A.; J.D.
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Soon after we married, my husband refinanced his home. I was

Customer Question

soon after we married, my husband refinanced his home. I was present at the closing but we decided I would not become party to the loan/'mortgage. The bank insisted that I sign a Waiver of Homestead Rights. My husband is now deceased, so where do I stand?
JA: Because real estate law varies from place to place, can you tell me what state this is in?
Customer: IIllinois
JA: Has anything been filed or reported?
Customer: Yes. A foreclosure action was recently filed
JA: Anything else you want the lawyer to know before I connect you?
Customer: I don't want to keep the home. Can I be held liable?
Submitted: 1 year ago.
Category: Legal
Expert:  Phillips Esq. replied 1 year ago.

Hello: This isCustomer Welcome to JustAnswer! I am reviewing your post, and I will post my response very shortly. Thank you for your patience.

Expert:  Phillips Esq. replied 1 year ago.

My deepest sympathies for your loss.

If your name is ***** ***** the loan, then you cannot be held liable for the loan.

You cannot be held liable even if your name is ***** ***** deed because your name is ***** ***** the loan--you are not borrower, your husband was.