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  1. #1
    Join Date
    Apr 2005
    Location
    Atlanta Georgia
    Posts
    1

    Default Credit Cards and Loans

    I have been divorce for almost two years. In the Divorce papers it is stated that I will pay off a Discover Card that is in my ex-wife name only as well as the line of credit (second Mortage) that is also in her name and my name. I signed quick clam on the house that she got including that she would get all the equity should she sale at anytime. Legally speak with these loans created prior to the divorce should she decide to take me back to court for any non-payments(none at this point) would would legally be responcible for payments in that case., Also please clarify the role of the Custodial parent for me.

    Thanks Jw

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Custody & Division of Assets

    If you are court-ordered to pay certain debts, and fail to do so, then a court might order remedies such as garnisment or execution, or possibly hold you in contempt.

    A custodial parent is a parent with custody of a child. In some situations one parent will provide the custodial environment, while the other parent will exercise visitation - that's usually called "sole custody". In other cases both parents will share custody - that's usually called "joint custody".

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