I signed a quit claim deed and basically gave the house to my ex wife. The mortgage is solely in my name. Currently, she is ordered to pay the mortgage and the equity line. To do this, she uses her child support and alimony to make payments. She is late all the time and I am afraid my credit score is taking a hit. Two of my three children are soon to be 18. I am concerned that when the child support is reduced, she wil not be able to make the payments.
Q- Will she be in contempt of court if she allows the mortgage go into forclosure?
Q- Can she be ordered to sign the house back over to me to avoid forclosure?
Q- I signed the house over to her as part of an agreement to reduce alimony. Could forclosure have an affect on the alimony agreement since she would be breaking the agreement?
Q- In theory, if it took ten years to sell the house, she would not be required to refinance the house into her name?