Child Support, my exhusband took out a loan on my property now it has forclosed see below for details.?
My exhusband took out a loan for me to lower my interest rate on my 2nd it was for $66,000 i signed a agreement between us that he is to use my child support to pay for this loan which is $600 a month then he paid a bill that was a lein on my house to protect his credit rating, now the house forclosed, he wants to keep paying this loan so his credit will not get damaged, he worked this out with the loan company, I am fighting because I need th $600 to live on he will not pay it to me isnt this his choice???? to keep paying this is the kids child support and when i had to house this was ok but now i do not???HELP
While I agree with acermill, I would definately get a lawyer.
It seems that some info is missing here.
If he is paying the loan, how is the home falling to forclosure?
The grey area is if this agreement includes your being able to live in the house with all the mortgages paid.
He scammed you, and you might have recourse. You will never know unless you hire a lawyer. Usually consultation fees are waived, so start looking in the phone book.
You need a lawyer. This is way too complicated to be solved by asking opinions here.
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child support is to go to you not for him to do it thats his problem go to the csa x
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he took out a loan for you, you had him sign an agreement saying he would use the child support to pay it back, you got kicked out(notice you did not say why) and now you want him to damage his credit because the situation does not benefit you………hes your ex, not your personal ATM.
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I think he went above the call of duty to help you out. He also is finacially responsible from what you wrote.
You also agreed to the $$$ going to the loan and NOW that things have changed you want to back out of your SIGNED / leagally binding contract ? Sorry – you need to get you crap together and care for the kids. You lost a good man there honey.
Make sure your children spend alot of time with him.
Push this issue in court and you will be laughed out of the room and piss him off and he will get the kids. Judge will agree after hearing this case that you have some learning to do .
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I watch Judge Judy
Let me think here. You actually signed an agreement indicating that he was to use your $600 child support to pay this loan, and now you want to invalidate what you signed because you lost the house ? You made a very silly decision when you signed that agreement. Why on earth didn't you simply keep the child support coming to YOU, and then pay the loan with it ?
Chances for you to prevail here are very slim. All he needs do is present that signed agreement, and show that he's paying the loan as agreed with the child support.
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So your ex took a out a loan to help you out,it is not his fault that the house was foreclosed. You made a mistake by signing that agreement so I don't think you have any recourse. I can't blame him for wanting to keep his credit in good standing.
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While I agree with acermill, I would definately get a lawyer.
It seems that some info is missing here.
If he is paying the loan, how is the home falling to forclosure?
The grey area is if this agreement includes your being able to live in the house with all the mortgages paid.
He scammed you, and you might have recourse. You will never know unless you hire a lawyer. Usually consultation fees are waived, so start looking in the phone book.
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So he was paying the SECOND mortgage taken out on your home, you defaulted on the FIRST mortgage that YOU were supposed to be paying, the house went into foreclosure and because of YOUR financially irresponsibility you expect him to continue paying the 2nd mortgage (to protect his credit) AND start giving you child support again, even though he was trying to help you. Is that pretty much the gist f what happened? If so, morally you are in the wrong. Because of that, I just can't bring myself to explain the legality of the situation. However, I will give you a little hint, no one has gotten it right yet.
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