Can a person walk away from their mortgage free and clear if an error was made in the spelling of their name?

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This is going to sound really silly, I’m trying to verify a story told to me that I don’t think is true but someone told me their name was misspelled on the title & insurance and that when they refinanced the first loan wasn’t paid off as it should have been so they’re able to walk away from their home now free and clear. This is in the state of GA. True or not?
Also, is there a list that shows homes in foreclosure in GA?
Thanks!

3 Comments
  1. Reply
    Ron H. Appraiser
    February 12, 2011 at 9:06 am

    No.

    and-

    Foreclosure.com (look for GA.)

  2. Reply
    lesaint770
    February 12, 2011 at 10:05 am

    I’m in law school, and that doesn’t make me a lawyer, but the reason you would still be bound by the agreement is that you intended to be bound by it. A spelling mistake doesn’t let you off the hook; as long as you had a “meeting of the minds” regarding your intention and the intention of the other party to enter into a contract, you’ve got one.

  3. Reply
    Judy
    February 12, 2011 at 10:41 am

    You are correct that it is NOT true.

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