Resolved Question: My Girlfriends Ex-Husband of 12 Years Tricked Her Into Signing A Home Equity Loan. Can She Get Off?

Resolved Question: What does my girlfriend need to do to change a home equity loan?

My girlfriends ex-husband tricked her into signing a revolving line of credit for the house they owned together when they were married. He also has her listed on the property deed as well as the deed of trust for the revolving line of credit. She recently signed paperwork to get her name removed from the property deed. What forms does she need to file in order to have her name removed from the home equity revolving line of credit?

Resolved Question: Need to know some terms?

Can someone tell me in a bit detail what are Line of credit, Home equity line of credit, Home equity loan, equipment rental, equipment leases, capital leases, Bank term loan,
bank time deposit, bank term deposit?

examples are the best!

Resolved Question: My Girlfriends Ex-Husband of 12 Years Tricked Her Into Signing A Home Equity Loan. Can She Get Off?

She divorced him 12 years ago. 3 years after the divorce he refinanced the mortgage and took her name off. He never removed her name from the property deed. 4 years after the divorce he got a home equity line of credit and mailed her the signature sheet and told her she needed to sign in order to get off the loan. Total BS. He's started the process to remover her from the property deed. Doesn't he or she need a quit claim deed or some other instrument to remove her from the home equity line? She's not on the mortgage so the only liabilty is the revovling credit line. She's not real bright for sgining somethign w/o knowig what is was, granted. But, wouldn't a quit claim deed work or should her ex be forced to totally pay off and remove her name from the security instrument?

Technorati Tags: credit equity home line, Resolved, Question, Girlfriends, Husband, Years, Tricked, Her, Into, Signing, Home, Equity, Loan, Can, She, Get, Off