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  1. #1
    Join Date
    Jan 2008
    Posts
    11

    Default Proceeds From Sale Of Home After Quit Claim and Possible Default

    My husband and I purchased a home 23 years ago, we divorced 5 years ago. The divorce states when the home is sold, the proceeds are to be split equally. We sold the house for commercial use a 1 1/2 years ago and should be closing in Feb. The situation is, I was involved in an accident and did not know my car insurance had expired, so to keep our house possibly being involved in a lawsuit, I quick claimed the deed over to my ex. Now that we are getting close to closing, he says I have no rights to any of the proceeds from the house and that if he should decide to give me any of the proceeds, I would have to claim it as income. The other issue is, my divorce said if either party defaulted on paying their half of the house payment, they would loose their share of the proceeds. I did default, but he also defaulted on insurance for our children. Can he now enforce the default? He did not take me to court over the default. I am in KY

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

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