refinancing with ex and subsequent foreclosure
Posted by Claire on July 08, 2008 at 08:03:39:
After my finalized divorce my ex asked me to retain my name on the title and he refinanced by himself 2x within the past 6 months. He would not buy me out of my equity in the house. The house has been on the market and not selling. Within a month of the latest refinancing he is now informing me that he is intending to foreclose after we were discharged from chapter 13 a few years ago when married. My question is am I am concerned about the financial implications to me and liability for debt incrued from subsequent refinancing from the original mortgage when he intends to foreclose? As I was not privy to the financial paperwork for his new refinancing, I believe he may also have received money that which should have been included on the equity of the home owed to me in the event of a sale.
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