Legal Question in Family Law in Michigan
My ex-wife and I divorced in March 2010. She received the house in the settlement and a Quit-Claim Deed was completed and filed. The wording from the divorce papers is as follows, "The marital home at XXXXX Livonia, MI shall be awarded to plaintiff free and clear of any claim of defendant. Defendant shall quit claim his interest therein to plaintiff forthwith. Plaintiff shall be responsible for the mortgage and home equity loan and shall hold defendant harmless thereon." If she faults on the mortgage or home equity loan, can I be held liable?
1 Answer from Attorneys
Yes, because you are still on the note. If she defaults, you can sue her, but that really doesn't help you and your credit. I'm guessing you couldnt refinance to take you off the note and this was the next best alternative. Tim Klisz kliszlaw.com
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