My wife has the house and there is a restraining order a against me I can't pay the bils cause I can find work.I took care of her for 17 years,forgave her when she had an affair,always took her out , bought a great house in a great nieghborhood we set up our future income...our daughters future,now when times are tough she bails on me.....its for better or worse.She can't keep what she can't afford and thats all my hard work,she could keep a job,never cooked,cleaned or shopped...what the @##%^.......well get nasty or let it all go ???????
2006-09-04 09:19:40 · 14 answers · asked by Smith & Jones 2 in Family & Relationships ➔ Marriage & Divorce
Nice job shooting yourself in the foot.
How about you do what makes the most financial sense, like selling the house and splitting the equity?
If the Judge feels you let the house go just to screw her, you will still owe her half.
2006-09-04 09:28:57 · answer #1 · answered by BoomChikkaBoom 6 · 0⤊ 0⤋
Well, from what you said about having no job or money it doesn't sound like you have much choice. If you DO have a choice, then you need to consider that the foreclosure will be against you as well as her if you are both on the loan. If you have deeded the house over to her that gives her ownership but does not take you off the loan.
Foreclosure is much worse than a chapter 7 bankruptcy, as regards your credit. I was a mortgage loan officer for ten years. Following a Chapter 7, I could get you into a decent deal on a mortgage, 2 years from date of discharge, if you did all the right stuff to get set up again. However, following a foreclosure almost all lenders will make you wait 3 years from the time the house is sold on the courthouse steps (which may be as much as 6 months after the foreclosure is done.)
If you are capable of paying the mortgage, and if you have a court order requiring you to do so, then your lawyer can tell you the consequences of not doing so in your state.
Try to use your brain rather than your emotions. In the long run you will be better off.
2006-09-04 09:44:18 · answer #2 · answered by bigrob 5 · 1⤊ 0⤋
If you are really wanting a job, there are plenty. Working at Mcdonald's is better than no job at all. sorry, but ya' gotta do what ya' gotta do!!! You are angry, and that can get in the way of being rational. If you aren't working, and the mortgage isn't being paid, forclosure will be inevitable. You can go to the bank who has your mortgage, and talk to them. Need an attorney, but for that you need money. Your options aren't so great if YOU have no income. sorry, but the time you are spending on yahoo Q&A you could be looking for a JOB!! ANY JOB, for now....
2006-09-04 09:26:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Let me put it to you this way? Do you have any stake in the house as far as monetary interest? If not, let her learn the hard way. If you've always taken care of her, she's grown dependent upon it and has this mindset that someone is always going to come to her rescue. It makes for a very irresponsible adult honey and you are enabling that behavior to continue.
If you do have a stake in the house, then take it over and have her move out. It's obvious she can't afford to live there, and if you can, then you should to avoid damaging your credit.
2006-09-04 09:26:21 · answer #4 · answered by Hollynfaith 6 · 0⤊ 1⤋
A foreclosure will be a dramatic hit to your credit that can impede your future happiness. You need to find you a job, pay at least the mortgage and get over your wife. Do you want your daughter to be on the streeet because you are mad at your wife?
2006-09-04 09:25:23 · answer #5 · answered by exhaling2day 3 · 1⤊ 0⤋
You need to get a lawyer! Don't foreclose on the house just to get her out of it. What if (if it is your name as Title holder) you put it up for sale, and then if she can afford to pay you off, let her have the house and move on with your life. If she can't afford to do it, then you both move out and sell the house.
I know how much you want to get back at her, but don't ruin your credit over it.
2006-09-04 09:47:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Usually I'm for the womans side, but in this case, I don't get to hear her side of it.
My advice (from what you say)...if she can't afford it, and you're not living there, and there is no binding agreement that states you must pay for the mortgage, and there is absolutely no chance of you guys reconciling...then yes, let the house go.
2006-09-04 09:25:17 · answer #7 · answered by Mrs. Ma'am 3 · 0⤊ 0⤋
Go to legal aid in your town and get a lawyer. Get a woman lawyer. You won't be able to let the house go as you will have to provide for your daughter. You won't be able to do anything without going thru the courts. Keep your nose clean and don't harrass your wife. Do everything thru your lawyer. You will be glad you did.
2006-09-04 09:23:45 · answer #8 · answered by Anonymous · 1⤊ 0⤋
Im sorry to hear youve gone thru all that. If I were you, Id let it all go, just to be done with it, and her. Unless you feel like a good fight, cuz she sounds like the type thats gonna give you hell over anything and everything. Let it go man! Get away from the negative. You can start over.
2006-09-04 09:26:10 · answer #9 · answered by ~~ 7 · 0⤊ 0⤋
It is your credit that is on the line here. If you cannot pay the mortgage, then you can't. But at least let her know that it is going down. Are you divorced? If not, you should be, that is for sure. Get a divorce before you get a job!!!!! Good luck
2006-09-04 09:25:24 · answer #10 · answered by Anonymous · 0⤊ 1⤋