Mortgage Debt in Divorce: What Now?
Questioner
Hello, I have a divorce agreement that states: "My ex will take over the mortgage debt and release me from joint liability for the mortgage." Does this mean I am no longer liable for half of the house?Questioner
Yes, that's what this means. However, it's still questionable whether the bank will cooperate, as they also have to give permission for this.Take the next step
Don't keep questions about your situation to yourself. Ask your question and get a personal answer from an experienced lawyer.
Privacy is guaranteed .
