Asked in Consumer Law for New Hampshire

Q: I have a question ,we live in nh and have a mortgage on house the mortgage is in my moms name and my husband and I pay

The mortgage every month , the deed is all 3 names. My mom has credit cards in her name only , I don't think she has life insurance. Can this affect my husband and I if something should happen to mom? Credit debt and house , are we responsible for her credit. Obviously we would want to continue staying in the house .

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1 Lawyer Answer

A: No, you are not responsible for her debt. If she is the only one who signed the mortgage note, and were the lender to foreclose, you wouldn't be liable for a deficiency judgment.

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