How Do I Get My Title Off The Mortgage After Divorce?
Query:
I’ve been divorced for 3 years and the house my ex-wife resides in continues to be in each of our names.
How do I get my title off the mortgage? I need to purchase a brand new residence and don’t want my title on this debt.
Reply:
Whereas I’m not licensed to observe regulation in your state and am unable to provide you authorized recommendation, I can provide you some basic observations on this subject primarily based on the jurisdiction the place I observe.
The place I do observe in Virginia, the court docket will usually order a selected time interval that the events need to effectuate transfers of property. If the court docket doesn’t order it, then it’s important to work along with your ex-spouse to get them to refinance the house.
If the court docket ordered your ex-spouse to refinance the house and has she has failed to take action, she could also be in contempt of court docket. So, it could be in your greatest curiosity to take her to court docket to pressure her to take your title off of the mortgage. Nonetheless, generally it isn’t attainable to refinance. In these circumstances, the Court docket will order that the house be offered.
Division of belongings after divorce could be very fact-specific and requires a specialised information of native regulation. For these causes I’d counsel you contact an legal professional who focuses on household regulation issues in your jurisdiction.
To rearrange an preliminary session to debate divorce rights for males with a Cordell & Cordell legal professional, contact Cordell & Cordell.
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