Deed Of Trust Texas Divorce
July 10th, 2007 | 
Author: 
Question: In Texas, after divorce can wife just keep paying house off w/o getting loan in HER name?
DECREE READS:
IT IS ORDERED AND DECREED that [wife], shall pay, as a part of the division of the estate of the parties, and shall indemnify and hold the husband and his property harmless from any failure to so discharge, these items
W-1. the balance due, including principal, interest, tax, and insurance escrow on the promisary note executed by [wife] and [husband], in the original principal sum of 71,500 dated aug 9 1999, payable to Home Trust Company, and secured by Deed of Trust on the real property awarded in this decree to the wife.
Can she then (as she claims), simply pay the note (still in my name) on a monthly basis? It appears she has no intent of getting a loan to pay it off.
THANKS!!!!
Sensible: I don't understand. Can you expound? Thx.
David B: Yes, that's what I want to do, but if it comes to going to court, what kind of action can I file?
PS: The loan is ONLY in MY name.
Answer: you are not indemnified and held harmless if that amount is still in your name with the credit bureaus. She "can" do that as long as you let her. Inform her by registered letter that you are giving her 90 days to refinance, and will return to the ordering court if she fails to do so.
Posted in 
Tags: