Hey Guys
I live in Michigan me and my spouse accrued student loans during our 16 years of marriage, I have in my name $111,000.00 of my own student load debt, she has in her name $109,000 of her own student load debt, neither one of us are co-signers on the others student loans.
Now she filed for divorce August of 2018 and now wants me to pay half of her student loan debt by taking my half of the martial homes equity in order to pay off her half of the student loan debt. The martial home is in my name only, on both the title and deed of the home.
Both of us have used portion of student loan disbursements toward our martial living expenses.
Early January 2018 I was advised by my lawyer to signed paperwork to start the quick claim deed process. Two weeks after that was done, she began stating that my portion of equity should pay for half of her student loans.
I now realizes that I shouldn’t have listen to my lawyers advise to do the quick claim deed. The martial home is the only asset that I have, will I be held liable for her student loan debt as well as my own?
I live in Michigan me and my spouse accrued student loans during our 16 years of marriage, I have in my name $111,000.00 of my own student load debt, she has in her name $109,000 of her own student load debt, neither one of us are co-signers on the others student loans.
Now she filed for divorce August of 2018 and now wants me to pay half of her student loan debt by taking my half of the martial homes equity in order to pay off her half of the student loan debt. The martial home is in my name only, on both the title and deed of the home.
Both of us have used portion of student loan disbursements toward our martial living expenses.
Early January 2018 I was advised by my lawyer to signed paperwork to start the quick claim deed process. Two weeks after that was done, she began stating that my portion of equity should pay for half of her student loans.
I now realizes that I shouldn’t have listen to my lawyers advise to do the quick claim deed. The martial home is the only asset that I have, will I be held liable for her student loan debt as well as my own?
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