Posted on: 10th Jan, 2011 12:02 pm
hello, i was divorced in will co illinois in jan of 2008. the loan and title were always in my ex-wife's name and we were completely caught up on all payments and there were no leins of any kind. now my ex is in forclosure and my name is listed as a defendant. in the divorce papers i gave all rights to the property to my ex. do i need a quit claim deed to protect myself? can the mortgage company come after me for the loan? should i attend the mediation hearing that is scheduled?
Hi shaneprowett!
Welcome to forums!
You've mentioned that the loan as well as the title is in the name of your ex-wife. In such a situation, the lender cannot list you as a defendant and cannot make you responsible for the payments if your ex-wife is facing foreclosure. You're in no way responsible for the mortgage payments if your name is not mentioned on the mortgage. You should ask the lender to remove your name as one of the defendants when you attend the mediation hearing.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You've mentioned that the loan as well as the title is in the name of your ex-wife. In such a situation, the lender cannot list you as a defendant and cannot make you responsible for the payments if your ex-wife is facing foreclosure. You're in no way responsible for the mortgage payments if your name is not mentioned on the mortgage. You should ask the lender to remove your name as one of the defendants when you attend the mediation hearing.
Feel free to ask if you've further queries.
Sussane