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Showing results for tags 'divorce'.
I owned a home with my ex, and during divorce in 2006, I quitdeeded the house and sold my half to him because he wanted to keep it. Divorce docs required him to refi to get my name off the mortgage and equity line, but he didn't. Fast-forward 1 year - he defaulted and it went into foreclosure. After producing my divorce docs, the banks told me they wouldn't pursue collection on me, but that it would still affect my credit. I dealt with 7 years of bad credit and denied leases/loans, and FINALLY it ended last year. Except, now I just got a 1099c for the equity line saying I have to claim
The ex-husband was awarded the marital property in the divorce decree. The mortgage deed contains the name of the husband and the wife. The mortgage loan was under the name of the wife ONLY. More than 3 years has past and the ex-husband announced 2 weeks ago that he has built another house in another county and the marital property is about to go through foreclosure. Again, this mortgage loan is in the ex-wife's name ONLY. The collection agency has apparently been searching for the ex-wife but no communication has yet been made. Until two weeks ago, she was not aware that the property was