Homeowners, be careful signing divorce papers

Without refi requirement, default could collapse finances

Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018

DEAR BENNY: I am recently divorced. We had two houses. In the divorce, I got one and he got one. We both signed quitclaim deeds to each other. However, I needed to refinance mine to pay off the bills I accumulated just to get my house back into livable shape. (It was a rental while we were married.) Both houses have mortgage loans: Mine carries a rate of 6 percent and his is at 5.75 percent interest. Needless to say, there is no incentive for him to refinance that favorable loan rate.