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Quti Claim form

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Guest	Posted: Tue Feb 08, 2011 6:49 pm    Post subject: Quti Claim form Like 0 Dislike 0 My ex husband is going through a short sale on a home we purchased together. He is telling me that by signing a quit claim form I will not be responsible for remaining debt and he will. Is this correct? will this release me from the debt owed and not affect me financially or my credit?
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Tue Feb 08, 2011 8:55 pm    Post subject: Like 0 Dislike 0 Hi Guest, Signing a quitclaim deed will only remove you from the property deed. It won't remove you from the mortgage. You will be liable for mortgage dues though you quitclaim the property to him. Thanks

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