Q: Removing name from mortgage during divorce.
I’m getting a divorce an I’d like to know If I trade the marital home for other assets during mediation can the Judge order my name be taking off of the mortgage right away? Does the spouse keeping the house will be able to refinance it regardless of her financial situation (more likely she will have a good credit/steady income)?
A: Yes, provisions in a separation agreement can express that a refinance of your name off of the mortgage take place within a certain time frame or a sale is to occur.
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