Saturday, October 31, 2009

What legal responsibility does a title company have if they pay the wrong amount when funding child

My ex-husband is a real estate developer. He earns about $400,000. a year and refuses to pay court ordered child support and alimony in the amount of $6,000. per month. The only way that I have been successful in collecting any support is through liens placed on properties that he is selling. He is now three months behind and just closed a loan. Child Support Services gave the title company the demand amount. They paid $152.00 of a $18,152.00. The title company is explaining that they made a mistake. The funds have been disbursed, including the balance to my ex., I am now in a panic. I am a full time student (I was involved with our family bus. for 20 years). I currently do not have an income, raising three children. Is the title company legally obligated to correct the mistake? I am not looking for a lecture on being finacially independant, I am working on that. He has never paid volenterily. He has tried to get the amount reduced twice in the past year. Denied on both occasions.



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

If you have a lien on the property and said property is sold, notify the broker and go after the title insurance company. That%26#039;s what they are there for.



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

they aren%26#039;t financially responsible. my title co f-ed up on 200 bucks a few months ago and ate the cost because it was well $200. They won%26#039;t eat $18k. You will need to take your husband to court for that...sorry, wish I had better news.



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

Sic an attorney on the title company.



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

I don%26#039;t think they can be held liable. Sorry!



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

First off, let me say, this has nothing to do with you being or not being financially independant.....you did not %26quot;independantly%26quot; produce those children....I am a firm believer that any MAN or woman, for that matter, should support thier children.



Now, to answer your question...if the child support was court ordered and the payment was coming from a lien that was on a property that was held by this title company, then they are responsible for the amount that was on the lien secured by that title.



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

The title company has liability as the closing agent as well as the insurer of title. Call them and ask to make an appointment with the attorney in charge of claims. He or she will take down the information, investigate the claim and request their underwriter to settle by making an appropriate payment.



Your other recourse would be to sue the title company, but the title company would rather settle quickly and out of court than add attorney%26#039;s fees to the settlement amount. They will cooperate.



These things do happen from time to time. Protecting the parties involved is what the insurance is all about. It may take a few weeks to process, but they will come through.



What legal responsibility does a title company have if they pay the wrong amount when funding child support?

hey- please dont take to heart anything that the hateful, bitter%26quot;singlemom%26quot; had to say. i wish you the best out of this, and am sorry that your kids have such a dead-beat dad.

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