Deed in joint but only husband on mortgage

[nycdk]

Yes, only I am on the mortgage and I filed chapter 7, discharged last year.
Because I surrendered my home in Chapter 7, it will be foreclosed sooner or later.
When foreclosed, is my wife's credit going to be affected? As said, her name is on the Deed but not on the mortgage, so she survived the Chapter 7. I wonder if she can survive the foreclosure as well. Anyone knows?

[HHM]

It shouldn't be an issue. The "mortgage" is foreclosed. There can be 100 people on the deed, but only the borrower is liable on the debt, and only the borrowers credit will be affected by a foreclosure.

In the big picture...at least, in the context of trying to buy another home, it doesn't really matter. The only way to buy another home earlier than 3 years is if your spouse can qualify for a mortgage wholly independent of you and your income.

[nycdk]

Hi, HHM.
thanks very much for the clarification. it gives me peace.