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Ex Will not file Quit Claim Deed - Am I responsible for Equity Line Debt

Ex Will not file Quit Claim Deed - Am I responsible for Equity Line Debt

In February 2015, as part of an ED divorce decree, my ex was awarded the marital residence AND the equity line (maxed out) debt.
My attorney prepared a Quit Claim deed (which I signed) and sent it to his attorney. My ex has yet to file this with the registrar of deeds, nor refinanced the equity line (although the banker told me "he's working on doing that." - which I did not believe).
We are still (after he first filed in May 2010) in divorce litigation (he has demanded a 2nd alimony trial and has delayed such for several years).
I'd like to know if I will be obligated for anything if my ex sells the home since ownership of the home AND equity line belongs to my ex (as per the judge's order).
I just don't want the hassle and cannot afford even more attorney fees.
I might add that he was also awarded our stocks and annuities. I signed to transfer ownership of the annuity to him and this document he has also refused to sign and file with the annuity company.
Also, I cannot imagine my ex's reason for not filing these documents.
What's in it for him?
I appreciate any information you can offer!


Anonymous's picture
Anonymous (not verified)
18-10-2015

1 Answers
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Doesnt matter if he files or not if you signed the loan and are on the loan a quit claim will change nothing - the only way you are not responsible from the banks point of view is if he refinances and pays them off -    Sorry to say it but your attorney probably doesnt understand real estate - by signing a quit claim you gave away your portion of the home while doing nothing to help you with the loans Basically by doing this you still owe on a home you no longer own   Good Luck Brian Barnes

brian1 | Asked on 2015-10-20

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