They sold the house before divorcing. The mortgage was paid off in full when the house sold. The home equity line of credit (in both spouses names) was not closed. The husband wrote checks for $40,000.I don't understand how all of this happened. If he wrote the checks prior to the home sale, then why wasn't that lien closed out and paid with the sale of the house? If he wrote the checks after the house was sold, how was that allowed to happen since there was no longer a Home on which to take out an Equity Loan.I'm confused about the general premise.
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