In my fiance's divorce papers from his last marriage there is a clause that I do not understand. Help please.?

regardles of what the divorce papers say, many joint financial responsibilities by law must remain joint. Im an underwriter for a national bank. Mortgage companies do not recognize divorce decrees. It is up to the two parties to sort out the finances; one party signing off on the loans and the other refinancing them in their own name. It stinks, but that is how it works. No sense on trying to clean up the credit reports until those issues are taken care of. Hope this helped.