A Judgment Lien Can Land Like a Fly on Your Marital Home and Rot Your Equity
So, you’re getting divorced. It is a difficult situation, but on the positive side you and your former spouse have finally found something you can agree on, you both shouldn’t be married to each other anymore. You both negotiate a property settlement together. The judge signs the decree. You both agree that the marital home will eventually be sold, and you both will receive your fair share of the equity from that sale, and presumably everyone can then move forward with their lives after a difficult separation. Divorce decrees are certainly optimistic little documents in family law. They ask former spouses to promise, in one form or another, that each will do exactly what they agreed to do. Sell the house. Pay the debts assigned…

















