cosaxteacher
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They'll foreclose on the house if she only pays half. |
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lees_sword
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HAHAHAHA. She has about three to six months before moving out onto the sidewalk. Was this question really necessary, dear? |
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David A
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in deep water. The mortgage needs to be paid. If she can't afford it on her own. How about opening it up to a boarder or renting the house out and living somplace more affordable. Or outright selling the house.
Are they seperated, divorced?
If Divorced what alimony or spousal support is paid? |
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scarlet_bat
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if they're married he's responsible-legally to pay that just as much as she is. otherwise she's S.O.L. and they can and will take it from her if shes not paying |
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jesgeri57
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I think that they will foreclose on the mortgage if she does that. Best bet is to call them and see if she could adjust payments or get an abatement til the divorce is final. Also, she should be keeping extremely well records, for if the house must be sold and most likely will if she cannot take it over, then she will want to get back from hubby in the profits from the house those payments that she made in full. |
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Greg
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Depends. If both names are on the loan, then paying half really will not help much. That is the road to foreclosure and a loss of all equity. Advise her to get the house on the market right away. Do anything she can to make the payments in the interim. Mortgage should be the first thing paid, credit cards last. She should worry less about ruining her credit score than losing her house! |
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lins
 |
ha...she said 30? years...multiply it by 3. and add it to the morgage...dont listen to her...bs.. |
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nancy_habershon
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That is all she has to pay if it is a joint mortgage she must see a soliciterand sort it out legally as long as she pays her half |
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kyrie_eleison_gr
 |
She has to pay the full mortgage or sell the home. I am betting that she could refinance for a longer term (30 years from today) and reduce the payment significantly. The problem is that he is then benefitting from it.
If she is now the sole owner of the home, then she has more options. |
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AlongthePemi
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Her best bet would be to refinance the balance of the mortgage. |
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dutch_luvs69
 |
in foreclosure and homeless . |
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unisoul
|
After few days he had left permanently, so better he left without cries. Mortgage shall be repaid. Ask her do not
worry. |
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juanita2_2000
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SHE NEED TO ASK HIM FOR HELP IF NOT SHE NEEDS TO SALE THE HOUSE AND GET HER-SELVES A MORE A AFFORDABLE HOUSE |
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BarbieQ
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Dunno, but wow.. After 30 yrs.. |
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Tarabeara
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Her best bet is to take him to court. Thats the only way she will be able to manage. If she doesn't want to loose her house, she should take him to the judge or divorce court. |
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Pseudo Obscure
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If he refuses to pay, then she should sell the house and keep all the proceeds. That'll learn him. |
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tiggyman41
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She needs a lawyer and FAST! Hubby may have taken his name of the mortgage, the credit cards, etc. She should remove his name from all their joint ASSETS, leaving only joint expenditures. |
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airforceterp330
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she stands in REPO land.
tell her to get a divorce and a lawyer...in reverse order... and then she'll have her problems taken care of. |
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smedrik
|
They are financial institutions, in short they don't give a flying _____ about ones personal situation. The mortgages does need to be paid in full monthly, or face fore closure. |
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scabs32
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Tough. Contact a debt management agency they could intervene on her behalf or give her some ideas of what to do. |
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theophilus
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She'd have to check with the mortgage company. The mortgage could be refinanced to her benefit, but they probably wouldn't accept half payments - then she could be paying her husband's half and lose the house because she hasn't made her payments. Kapeesh?
After 30 years she should get a sizeable alimony cheque or settlement. Tell her to see a good lawyer.
My dearest friend's husband left her after 28 years, for, what else - a younger woman. She lost the house.
Karma being what it is - her husband and the younger 'person' are having a hell of a time. He's incapacitated now, and she has had to nurse him for the past 8 years. And he's quite young still. |
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Mintjulip
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Not very well unfortunately, now might be a good time to advise her to contact them and explain the situation, so that they can work out a new plan for her to work with while she is going through hardship. |
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lonnie_m_d
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Deep doo doo....
She needs to seek help ASAP!!!!
I hope this helps,
Lonnie |
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Juniper C
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She had better call lawyer. Might have to sell the house if she can't pay for it and get something smaller and less expensive. See if she can get alimony |
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Village Idiot
|
Depends... is the mortgage only in her name, or in both of their names?
If it's in both names, then his credit rating is at risk is she begins defaulting. The mortgage company wants their money... not half.
She could, possibly, refinance the mortgage... amortizing the remaining principal over 25 years again, and it would cut the payments down dramatically, but again, if the ownership and mortgage is in BOTH of their names, then she might have a tough time. |
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wei_bei_li
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if it's a joint mortgage then you are liable to pay all of it if it's his name then he has to... you need to get legal advice onthis not yahoo answers you will get conflicting and totally spurious answers to a really serious problem |
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