The judge at the hearing said since I was giving up all the rights to the house, I would not be liable for anything. It is stated in the divorce judgement as well. How would I go about removing it from my credit report so that it wont affect me.
2007-03-04 13:05:48 · 13 answers · asked by SugarDaddy 2 in Business & Finance ➔ Credit
The credit agencies have a means of allowing you to dispute entries on your credit report. If you provide them with the divorce decree and/or asset distribution order, I'm sure that they would be able to remove that from your credit report.
2007-03-04 13:15:07 · answer #1 · answered by griffon1426 3 · 0⤊ 0⤋
Have it removed from your credit report. Use a reputable credit restoration company and they will be able to get it removed legally for you. If you don't know of a reputable credit restoration company, contact me, I know all three of them. (Yep, there are only three.) Seriously, this sounds like it could be the best option for you. I am not sure how the law works as far as the judge telling you that you aren't liable for the house. If you were still making the payments on it or if your name was still on the title or mortgage, I cannot see how it is possible that you would not be liable.
You may contact me at nebula7693@yahoo.com if you need the names of the credit restoration companies.
2007-03-04 17:06:01 · answer #2 · answered by nebula7693 4 · 0⤊ 0⤋
You can't. A judge cannot remove you from the liability. You should have forced the sale of the house in the divorce or kept up the payments yourself. There is absolutely nothing that you can do, other than calling the mortgage co. and offering to settle the debt.
Like knujefp said, if you signed the loan, you're still on the hook for it, no matter what a divorce decree says. Anyone who says it holds any weight with the lender is just dead wrong. The only thing that decree does is make her in contempt of court for not obeying it. That, and a dollar, will get you a cup of coffee.
Your only recourse is to sue her personally for the debt and send it to the lender. The foreclosure will stay on your report whether you pay it off or not. Paying just changes the delinquent account into a paid off delinquent account.
2007-03-04 13:15:39 · answer #3 · answered by normobrian 6 · 0⤊ 1⤋
You don't need a lawyer.
File a dispute with Experian, TransUnion, and Equifax.
You will have to give them the reason you are disputing it. You may even have to send them copies of the divorce decree showing where the house and all liability went to your ex-wife.
You can also try calling the mortgage company and telling them that the house and all liability went to your wife in the divorce, send them a copy of the decree and ask them to remove it from your report.
If you haven't gotten your yearly credit report, log on (link below) and get your report. You can dispute it right from each of the credit reporting agency websites. Read the FTC rights (link below) first so you know what you're doing and what your rights are first.
2007-03-04 13:17:33 · answer #4 · answered by Faye H 6 · 0⤊ 0⤋
you have made a common mistake in the time of a house chop up from a divorce. Assumably, you filed a stop declare to any possession interior the abode, provided that your ex-substantial different gained the valuables. in spite of the incontrovertible fact that, if she did no longer refinance the deepest loan protecting the abode, you probably did no longer get off the hook. All you probably did replaced into provide away any and all pastime interior the valuables. I even have yet to understand why any divorce criminal expert could enable a shopper to try this. yet it happens consistently. If the abode replaced into foreclosed upon with a private loan donning your call, all you're able to do is ask to have a proof positioned into your credit report with regard to the foreclosures action. in spite of the incontrovertible fact that, it is going to stay there for a minimum of seven years forward.
2016-10-02 09:43:06 · answer #5 · answered by ? 4 · 0⤊ 0⤋
If you have time you can pay off the debt or maybe work with the lender to see if you can keep the house. The divorce decree HAS NO power to eliminate your obligation to the debt. I learned this the hard way on a car my ex had, lucky for me it wasn't as big as a house i even paid the dabt and the late payments are still on my record and I'll have to go to court to get it removed if possible. Your judge was wrong. SO was mine.
2007-03-04 13:14:23 · answer #6 · answered by knujefp 4 · 0⤊ 0⤋
your name is on the house mortgage, so your credit report is messed up. The creditors and the mortgage company don't care about your divorce, they still wanted their money. Try to get another mortgage company to lend, not gonna happen. You were still supposed to make the house payment. Divorce or no divorce
2007-03-04 13:15:46 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Well that depends. When you divorced was it specified that she was now the one responsible for the house payment 100%?? If not you may have just been screwed. When you divorced there should have been something filed saying that these were your bills from this day forward and these are her bills from here forward.
2007-03-04 13:15:17 · answer #8 · answered by me 3 · 0⤊ 0⤋
it wont do you any good to talk to the credit report people. if your name is on the loan for the house you are responsible to pay. Doesnt matter what it says in the divorce settlment.
2007-03-04 16:24:11 · answer #9 · answered by heybulldog 5 · 0⤊ 0⤋
Was you name on the title yet? If not, you have an issue with the credit company. If so, you are paying for your ignorance.
2007-03-04 13:13:27 · answer #10 · answered by Anonymous · 0⤊ 0⤋