Legal Question in Family Law in Mississippi
Deed of trust
Resently divorced. home divided 60/40 when sold. I have exclusive use and possession. Ex-husband pays mortage. He wants to refinance solely in his name with me signing a deed of trust leaving him solely responible of the debt and protect my asset. when the house is sold will i be left with nothing. what should i do to protect my asset.thanks
1 Answer from Attorneys
Re: Deed of trust
You should by mutual agreement modify the divorce decree so your interest will be protected after you sign the deed of trust. Also, have your attorney advise you as you consider any verbal agreement to sign papers and in examining the papers that are being proposed for your signature. The objective is to protect whatever property interests you have as a result of the divorce judgment.