Legal Question in Family Law in Indiana

I was divorced in2006. Finally signed papers in July 2008 that I believed took me off the loan. I have copies of an "Assumption Terms Addendum". It is a very simple form with a box checked "with release". Then, below that it has two boxes one with my ex's name saying "borrowers remaining on the debt", another that says "borrowers being removed from the debt" with my name in this box. I also have a copy of a letter from Freddie Mac to the bank stating they have approved the banks request for a loan modification. Under 'borrowers names" it has his name first then mine then next to my name (Removing her). The bank assures me I am now off the loan but I do not trust that they have my best interests any more. Can you tell me if I am legally off the loan?


Asked on 1/08/10, 5:04 am

1 Answer from Attorneys

Based only on the information provided, it sounds as if you are off of the loan. However, without seeing all of the documents and the entire documents that you have described my answer cannot be relied upon as being definitive. You could run a credit check on yourself in a few months to see whether the loan shows. Good luck.

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Answered on 1/13/10, 5:30 am


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