2 hours away and are late almost every month on the payment. They are refusing to put the cars into their own name. How can I get off the loan before my credit is ruined? Also, when I left he wanted the house so I left it to him. my name is only on the deed not the mortgage. then he decides he doesn't want the house sells everything out of it and moves. He hasn't paid the mortgage now the house is going under foreclosure. The lawyer says my credit will suffer the forclosure as well even though the loan isn't in my name! I had given him a quit claim deed to sign 3 months ago of course he hasn't signed. I feel my generosity is coming back to bite me in the butt. Any suggestions?
2007-07-17 14:15:23 · 6 answers · asked by fingerpuppytoe 2 in Business & Finance ➔ Credit
Answer #1> Get a Lawyer.
Answer #2> Get a Lawyer.
2007-07-17 14:25:17 · answer #1 · answered by Tbone 6 · 0⤊ 0⤋
You are not generous - you are overgenerous. Woman, you signed your one and only life!!!! Anyway, there's no sense of crying over a spilled glass of milk - turned acid. So just gather all your documents (i hope these documents are all in your possession - if not - i will say you are the dammest person I 've ever known in my life!). Sue them in a small court - you don't need any attorney- all you need are proofs. From the beginning till the situation you are in now. When you go there a lot of people who are assisting you will rose their eye brows really high but they will be there to assist you - you just have to say "please, help me". This is in U.S. I don't know in other country though. But it is almost the same basically - you should show proof. (Receipts, property title, go to a title company and ask if you could buy or get a property profile that you could use - prepare an id that you have when you bought the house, and all the reciepts. If they will not give it to you-at least ask them where you can get it- maybe in the county and maybe will cost a little bit. If you have a friend that has a real estate license and with affiliation with a broker - tell her you would want to sell that house but there is a problem - And at this point - your credit is already ruin - don't worry about it - it will only take 2 years to fix it. as long as you have a good stable job you will be fine. and next time - don't ever ever leave the house if you have a boyfriend that you couldn't get along - he is the one who should leave - but if it is necessary that you have to - take all the papers with you first. Anyway, i'm sorry this happens - it will get better later - and don't be too upset for you wouldn't be able to focus on battling this war you are in. Ok? It is not Ok - but you have to feel Ok to be able to win. Good Luck to you.
2007-07-17 21:53:40 · answer #2 · answered by earth angel 4 · 0⤊ 0⤋
It sounds like it has come back to bite you in the butt.
Under the law you cannot have your name removed from the loan...they would have to have the loan put in their own name, which it sounds like they refuse to. Maybe talk to your lawyer about getting possetion of the car, it is yours after all.
As for the house, by having your name on the deed you are saying you are responsible for the home (worts and all as they say) so your lawyer is right you will be responsible for the forclosure. My advice would be to see what it would take to keep the house out of forclosure and try renting it out. Maybe get the house refinanced or sell it.
If you really wanted to screw your ex file bankruptcy...then they will be beating down his door for all of this and they would have to leave you alone.
2007-07-17 23:00:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Too late. You are responsible just as much as he is. If you dont want you credit ruined, start making payments. Call the lender and explain to them what is going on and possibly removing your name from the loan (doubt they will). Find a good bankruptcy attny.
2007-07-17 21:25:33 · answer #4 · answered by outlaws101 2 · 0⤊ 0⤋
Contact your divorce atty and see about having the divorce decree modified. i.e., court order should state something along the lines that he is responsible for these items, and that he is to seek refinancing of the items. also, that particular section of the order will basically state that you are not responsible for those. That doesn't mean that it's going to happen. It just gives you more legal room to maneuver. It also gives you a legal court document to submit to Credit Reporting Agencies when you, will unfortunately have to, challenge to bad comments.
2007-07-17 21:26:08 · answer #5 · answered by Robert B 1 · 0⤊ 0⤋
You were entirely too nice. Unfortunately, if you cosign, you are responsible for the loan if the main borrower doesn't pay, and you can't get out of it until the loan is paid off.
2007-07-17 21:50:48 · answer #6 · answered by Judy 7 · 0⤊ 0⤋