Are you responsible for your spouse’s medical debt? Maybe if you live in a community property state or a doctrine of necessaries jurisdiction.

You also are if you co-signed for the treatment.

Your aren’t, though, for obligations taken on before marriage or after divorce.


There are four primary ways to pull cash out of your house. You can refinance, get a second mortgage, get a home equity loan, or get a HELOC.

You should carefully consider your reasons for wanting to cash out on your home. Will it increase your property’s value, decrease interest or the payment schedule; or will it improve your financial decision by paying off high-interest debts?

If it doesn’t do any of those things, you should ask yourself if you really need to do it.


Mortgage accelerators pay off your mortgage faster using HELOCs. The advantage is that they do work. the disadvantage is that they come with high fees.

While these programs work, banks sell them because they make more money on the fees associated with them. The good news is that you can set up your own accelerator and save the feels your lender will charge.