Am I responsible for that amount? Doesn't he owe me that amount or half during the divorce? He has two friends who are bankers who I believe advised him to do this.
2006-12-27 11:34:38 · 15 answers · asked by Anonymous in Family & Relationships ➔ Marriage & Divorce
I did not sign any papers. I did not know about it until after he had the funds when the bank sent a letter to the house. We live in a community property state so I was surprised that the bank allowed him to take out the m9rtgage without my sugnature.I have not seen one cent.
2006-12-27 11:39:41 · update #1
GET A LAWYER AS SOON AS POSSIBLE BEFORE THIS GOES ANY FURTHER !!!!!
2006-12-27 11:37:02 · answer #1 · answered by debi_0712 5 · 1⤊ 0⤋
Only a lawyer can properly advise you on this. My guess is that if the mortgage was legal without your signature and you were still married then that money is owed to the bank. They dont carethat you are seperating/ getting divorced. If you keep the house you would have to keep paying the mortgage or if it is sold that money would have to be paid back before you saw anything.
2006-12-27 11:47:31 · answer #2 · answered by cate 4 · 0⤊ 0⤋
Be sure to keep any documents on the loan. Be sure to have evidence that he spent all the money.
That being said, depending on your income vs his income, he may have to give all of it back. The judge will award either percentages of the house or the whole house to you. Nothing can be done until a judge awards it, but once awarded, if he owes you money you can attach his wages.
One thing I've learned about this is, keep written evidence of everything. The judge will not award on verbal commitments.
good luck.
2006-12-27 11:41:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
He is responsible for the amount. he took the loan right before he left. Get a lawyer and get more than your half. He is the one that has choose to play dirty. The lawyer will let you know what you can get. They will take it out of his check if he does not pay.
2006-12-27 11:39:58 · answer #4 · answered by ronnny 7 · 0⤊ 0⤋
what a mess. and it will take some time to get through all of it also.
oh boy is he in deep doo-doo. your attorney will have his azz thats for sure. as for any documentation, your attorney can ask for those documents (any you may not have, plus his checking-new gf checking savings accounts) or ask that the court demand them for review.
a Private Investigator does wonders in finding 'unknown' bank accounts and other expenses he has or had. if you can afford it, i would hire one of these as well.
if you cant afford an attorney, contact your local Legal Aid Office. they are in every state and most counties. they go on a sliding scale so its free to most. look in your phone book or call they county court clerks office and ask if they have the number. if not, call your states bar assoc and ask them if they have it.
here are some links that will help. one is a child support calculator, and divorce links (just click on your state and go to the section you want). the last couple are to help you.
2006-12-27 12:34:11 · answer #5 · answered by Yvette B yvetteb 6 · 1⤊ 0⤋
you are gonna have to consult alawyer the law is different in differnt states but i would do it as soon as possible if you signed no papers and havent seen any of the money i dont know how you could possibly be responsible for the loan but i dont think that its legal if your name is on the house and and they gave him that much money on the house without your signiture i just cant imagine you being accountable for it and the bank should be in serious trouble as well.
2006-12-27 13:03:33 · answer #6 · answered by moe 5 · 0⤊ 0⤋
do no longer do it. she would be able to be seen the renter residing at your (you are the owner) abode. If for some reason like him combating making the money or she trashes the abode or however reason you opt on her out it particularly is going to take a great type of money for legal specialists to have the skill to get her out of there wherein era she ought to do much extra harm to the abode. The regulation is on the factor of the renters and it particularly is something you need to not mess with tremendously pondering she's consisting of your ex-husband which if he needs to make your existence troublesome he definately ought to by her residing there. do no longer do it. a extra constructive option would be to sell them the abode or come across a renter who isn't them.
2016-12-15 09:23:16 · answer #7 · answered by ? 4 · 0⤊ 0⤋
AS long as the house was bought and mortgage payments made during the marriage.. those are marital assetts, How did he get a new mortgage without your signature? get those documents to your lawyer. Most counties have public access to mortgage documents...
2006-12-27 11:38:06 · answer #8 · answered by Anonymous · 1⤊ 0⤋
You need a lawyer, and quick!!! Only a lawyer can advise you and only once they have all the pertinent facts. Good luck.
2006-12-27 11:39:49 · answer #9 · answered by james p 3 · 0⤊ 0⤋
depends on which state you are in
here in Wisconsin there is something about a 12 month limitation law
it's one of those things you're going to have to ask your lawyer
2006-12-27 11:38:03 · answer #10 · answered by seven_ms_man 4 · 0⤊ 0⤋
It all depends on whether you signed the papers too. If you signed, you are partly responsible.
But you really need to talk all this out with your attorney.
2006-12-27 11:37:45 · answer #11 · answered by snvffy 7 · 0⤊ 0⤋