If you buy a house, or maybe any other goverment guaranteed loan situation, that your spouse can take your benefits? Yep..and the VA will not help at all. You buy the house, the divorce happens, the judge awards the house to him ( or her) and the loan stays intact, and your benefits are tied up until they do any thing (the spouse) otherwise. They can do anything they want as long as that note keeps getting paid, apparantly. Oh and also, if they default on the loan, your benefits are ruined forever. My point is to be very careful with your benefits. And don't count on the VA. After all we go through, or went through this is what we get. Apparently the VA doesn't care. Is the news to anyone else?
2006-07-12
17:49:36
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5 answers
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asked by
Golden
2
in
Military