Divorce is very common in California as we know and very often after a divorce the property once shared by the couple now is left to the husband or wife in both Title to the property and physical possession but the loan. The only way a loan changes is if the property is sold or refinances. Very often after a divorce is final the property isn’t sold or refinanced. Something then happens that causes the property to fall in foreclosure and now because the loan is in both names, both parties are affected but only one spouse has title or ownership and they are stuck.
