Sentences with phrase «as a result of a divorce decree»

Under this federal law, lenders may not enforce an otherwise valid due - on - sale clause if a mortgage or property is transferred as a result of a divorce decree, legal separation agreement, or a property settlement agreement.

Not exact matches

Examples of documentation that can be used to support extenuating circumstances include documents that confirm the event (such as a copy of a divorce decree, medical bills, notice of job layoff, job severance papers, etc.) and documents that illustrate factors that contributed to the borrower's inability to resolve the problems that resulted from the event such as a copy of insurance papers or claim settlements, listing agreements, lease agreements, tax returns (e.g. covering the periods prior to, during, and after a loss of employment).

This might not produce results, however, because most states will require not only your name and your spouse's name to confirm a decree, but information that's not available to you as well, such as your docket number and the date of your divorce.