The house is my husbands, mother in law and mine, but recently i uncovered a letter from my mother in law allowing him to borrow loans on our house without informing me? is it possible?If something happens do i lose my part and have to
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In order to answer this question we would have to know the nature of your ownership interest. If you own the property as joint tenants, then any party can encumber the whole. If something happens the bank can foreclose on the property. You can always go after your husband to recoup your losses, but that does not affect the banks right to foreclose. -
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