Refinancing Home Mortgage
In: Mortgage Payment
15 Jul 2010My ex-wife still lives in our house. She pays the mortgage and I paid the second. It can not benefit from a new loan if my name still appears on both! I want to force him to sell and repay the loans. If I get my second payment of the wages of the Bank set?
What I would do is talk to your lawyer about a divorce requires the use of loans by refinancing or selling the house because it was granted the house in the divorce courts would probably do it for you. By stopping you to pay the second mortgage, not pay it since the first house on still, if you lock a ton of equity and second mortgage companies are recognized, we sell the house with enough funds to repay the first mortgage and take what remains in this market, it is very rare that such an interest in a house for less than the case, they can not exclude that they may require from the second, so that the collection would eventually you can sued and an attempt would be against any person on the second mortgage will be granted, but if it means with the divorce, it shows she was forced to two mortgages if they have the property in a divorce to pay, the probability that the judge would enable them to garnish your wages probably not happen, but it could happen because the bank note and sign your mortgage, you, you are obliged to pay the second mortgage, even if it could happen. Also, your credit card is concerned, if the mortgage is not paid and your name is on them. I still think it is best to sell your lawyer on either the house or refinance it to pronounce your name.
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