More details to this question:
Divorce was final on 09/28/2012. Per the divorce decree, he is responsible for the short fall. I filed bankruptcy. I am scared to sign the contract because I don't want to be responsible for half of the short fall, which could be $40,000.
4 ANSWERS
Bankruptcy Attorney serving Phoenix, AZ
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Law Office of D. L. Drain, P.A.
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You should get legal advice before signing any documents which obligate you to a new debt. You are correct to be concerned about signing a short sale agreement. Few people understand this is a new contract and you will be responsible for the new contract terms. Your bankruptcy should eliminate all your obligations so long as you listed them in the bankruptcy. I do not know where you are in your bankruptcy process, but you should talk to your bankruptcy attorney. I hope this helps.
Answered on Nov 13th, 2012 at 2:15 AM
If you don't sign a short sale contract, more likely than not, the sale will not go through. Your question is sufficiently complex to require you to take the paperwork to a local attorney for personal advice.
Answered on Nov 13th, 2012 at 1:35 AM
Bankruptcy Law Attorney serving Livingston, NJ
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Law Office of Stuart M. Nachbar, P.C.
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Give them a copy of the Discharge instead or with your signature.
Answered on Nov 12th, 2012 at 10:51 PM
Bankruptcy Attorney serving Alpena, MI
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Carl C. Silver Attorney at Law
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Deed the property to your ex then you should not need to sign anything.
Answered on Nov 12th, 2012 at 10:31 PM