Legal Question in Family Law in Florida
Divorcing with second mortgage
My husband and I got a home equity loan last dec. to pay off credit card debt. We are divorcing and he wants his name off of the home loan since I am keeping the house. If I refinance my home or take his name off of the title, am I solely responsible for the second mortgage?
Asked on 6/10/08, 4:54 pm
1 Answer from Attorneys
Brent Rose
The Orsini & Rose Law Firm
Re: Divorcing with second mortgage
Yes, if you refinance. Of course, there's more to it than that. Remember, in sttling your divorce, you are splitting all marital assets and debts. You may be entitled to be compensated for taking over all the house debt. You should speak with a lawyer and describe your entire situation.
Call me if you are in the Tampa Bay or Orlando areas.
Answered on 6/10/08, 5:13 pm