This is a tax question for Washington State.
As part of my divorce, I was "awarded" a $30k lien on the family home that becomes payable "when the child reaches the age of majority, or the property is sold or refinanced, whichever occurs first". My child just turned 12.
My ex has not paid any property taxes. In fact, they have not been paid since the last time I paid them in 2005. The property is now in foreclosure for non-payment of property taxes. She owes a significant amount (over $8k), which is due in it's entirety now, and it is questionable - at best - if she will be able to come up with that sum.
If she does not come up with the money and the house is sold at auction (planned for November 20, 2009), am I going to be able to collect the principal and interest (I was awarded 6%)? Or will that all simply disappear?
If I CAN collect it, what do I need to do? Is there anything I should be doing NOW to protect my interests (short of paying her taxes for her)?