Hello Everyone,
My wife and I have been separated for 9 years now. Myself, my separated wife and her mother applied for a mortgage together for a house that we owned. Since 2011, when I left her, I have been trying to get her to re-finance the house just under their names or sell the house. I wanted my name off the mortgage and wanted nothing to do with the house so that we can have an easier divorce. She's refused to do so.
This year I found out that my separated wife (I'll be calling her my ex to make things easier) and her mom have been forging my signature to renew the mortgage. I reported this to the bank that we went through. Now the bank would like to foreclose on the house because she violated the mortgage agreement.
The problem is, I am also a defendant in this case, but I don't want the house or any money from it. They've given the ex and her family an extension on the deadline to apply for refinancing but with her low income, I doubt she will get anything.
I was wondering, what should I do here? I'm going to see a lawyer later this month about it. But my credit is already ruined, so I'm not worrying about that. Can I just let them foreclose and take the house? If so, can they come after my savings? The house has 60k in equity, and I want none of it. I just want this to be over.
If we do go to court, would I have to have the same court date as my ex or can I have a separate trial? Her family is known to be violent so I'd like to avoid any contact. I wanted to sell the house a long time ago but I was always outvoted 1 to 2.
My wife and I have been separated for 9 years now. Myself, my separated wife and her mother applied for a mortgage together for a house that we owned. Since 2011, when I left her, I have been trying to get her to re-finance the house just under their names or sell the house. I wanted my name off the mortgage and wanted nothing to do with the house so that we can have an easier divorce. She's refused to do so.
This year I found out that my separated wife (I'll be calling her my ex to make things easier) and her mom have been forging my signature to renew the mortgage. I reported this to the bank that we went through. Now the bank would like to foreclose on the house because she violated the mortgage agreement.
The problem is, I am also a defendant in this case, but I don't want the house or any money from it. They've given the ex and her family an extension on the deadline to apply for refinancing but with her low income, I doubt she will get anything.
I was wondering, what should I do here? I'm going to see a lawyer later this month about it. But my credit is already ruined, so I'm not worrying about that. Can I just let them foreclose and take the house? If so, can they come after my savings? The house has 60k in equity, and I want none of it. I just want this to be over.
If we do go to court, would I have to have the same court date as my ex or can I have a separate trial? Her family is known to be violent so I'd like to avoid any contact. I wanted to sell the house a long time ago but I was always outvoted 1 to 2.
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