I would like to know how a deferred adjudication for obstruction of passageway
Will affect my eligibility for a loan as a 10% owner with my husband no record, being the 90% owner
First a big disclaimer here; I am not a lawyer or financial expert, so I can’t answer your question specifically. However, based on the information available out there on the web, I can give you an informed response:
Obstruction of Passageway is a Class B Misdemeanor, which will show up on your record. However, it will not show up as a conviction. As Avvo explains, it will show up as an arrest, and a deferred adjudication, but not as a conviction.
A Class B Misdemeanor can impact your ability to get a loan, but given the deferred adjudication, and the fact that your percentage of ownership is fairly low (10%), I imagine the level of impact is fairly low.
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