In 2005 I got divorced, in the divorce I signed off on everything, including the house- I filed a quit claim through my lawyer. There was 2 mortgages on the home in both our names, and she was according to the divorce papers to remove my name from the loans and have them in her sole name. I was to retain posession of my truck and my Harley and that was it. The truck was paid off, and the Harley was a gift and in her sole name on the loan…. 2 months later, she filed bankruptcy. The Harley was re-posessed- and now I have judgements against me for the mortgages since she never removed my name from the loans. Are my only options to pay it- or file bankruptcy myself? She didnt stick to anything we agreed on in the divorce, but is she accountable?
Additional information (divorce filed in New York)
Divorce states: She (plaintiff) will be soley responsible for all expences associated (to the home) including but not limited to, the mortgage payment, real-estatetaxes and insurance. The defendant (me) shall exicute a quit claim deed and other transfer documents neccessary to transfer all of his right, title and interest in that property to the plaintiff and the plaintiff shall secure a release of liability of the defendant on those mortgaes;….. ALSO– plaintiff will be soley responcible for personal loan in her sole name through (financial institution) with a balance of ($XX,XXX.XX) as well as the Harley Davidson Loan. The defendant shall have sole ownership and posession of the 2004 Harley Davidson currently titled in the defendants sole name; Furthermore- each party will be solely responsible for any debt or other liability in his/her individual name and shall indemnify and hold harmless the other – edit
You should probably seek an attorney to resolve this issue.
TRACEY BLOODSAW
LAW OFFICE OF TRACEY A. BLOODSAW
110 Wall Street 11th Fl
New York, NY 10005