Legal Question in Family Law in New York

mortgage

In a no contest divorce, if our house goes to my wife, what happens to the current mortgage contract which is in both of our names?


Asked on 4/29/06, 10:09 am

1 Answer from Attorneys
Debra Palazzo Law Offices of Debra Palazzo, LLC

Re: mortgage

This is always a problem. The bank usually will not let one creditor off the note when they have two. But contact them ASAP.

It is really in your interest to get your name off so if she's able to she re-finances.

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Answered on 4/29/06, 12:03 pm


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