foreclosure, custody and divorce

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dfbg1972

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My husband and I bought a house together in 2004, then I refinanced it in my name only in 2005 and he quitclaimed the house to me.

Two months ago we stopped paying the mortgage and are talking about divorcing now. My credit is ruined from the lates on the mortgage and the default (forclosure) is going to make it worse.

He has offered to buy another house under his name and when I get a job and am back on my feet he wants to quitclaim the house to me with any equity there might be. He say it is so we can finish raising our 14 year old daughter. I am willing to give him custody. We have been married for 15 years and I am not sure what I can do.
 
I don' know why he would buy a house and quit claim over to you when he is still responsible for the mortgage. If that house also defaults his credit is ruined. It sounds like you guys are amicable why don't you split assets and joint custody? Why are you guys in foreclosure now?
 
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