Q: My mother (deceased) as primary signer my brother cosigned for a property. Now in foreclosure. As sister can I be sued?
The property is in NJ. My deceased mother and brother signed for the property. He let the property go into foreclosure. Now myself, my sister and other brother are being sued. We have no interest in this property. Is this possible without a legal document showing we have interest in it?
A: You really should ask this question in Justia › Ask a Lawyer › New Jersey › Foreclosure, because the laws there may be different. But yes, it is likely that you were properly sued because you co-signed the mortgage note. If, in the foreclosure, the property is sold for less than what is owed, you could be jointly liable for the deficiency.
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