Is it possible to get my name off the mortgage of my former family home after the divorce is final?
Question Details: I signed a quit deed during the divorce but my name remains on the mortgage and my ex-wife has not paid the mortgage since last year.
Anthony Van Johnson / VANJOHNSON LAW FIRM, L.L.C.
Answered 2 months ago
This attorney is licensed in Georgia
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At the time of a divorce, the Court typically gives the party who will retain the marital home a specific period of time in which to refinance the home into his or her name. And if that party is unable to refinance the home, the home is placed on the market and sold. At that time, each party receives 50% of the proceeds or is liable for 50% of the debt associated with the home. This issue should have been addressed during your divorce action. If not, you need to retain the services of an attorney to address this issue ASAP.
