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lgorsline1 · Joined: 15 Sep 2008 Posts: 1 1.36 Dollars($)

Is there a way I can protect my credit if exwife does not pay mortagage after I sign Quit Claim Deed...After going through divorce court in Washington state the court awarded my ex wife with the home. The court is ordering me to sign a Quit Claim Deed, to make the house hers. I know that I am still financially resonsible for the house if she does not pay the mortagage payments. Is there anyway I can protect myself from tarnishing my excellent credit if that happens? The only way I know of to get my name off the loan is for her to refinance. However she is not willing to do that. Also what happens if she dies? Am I still financially responsible? Also if I get married would it effect my new spouses credit rating?

sweeney · Posted: Mon Sep 15, 2008 6:30 pm Post subject:

Hello- Yes, as long as your name is on that note, you're financially liable for it and it affects your credit. See if you can get the court to require her to refinance and get your name off.

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