SAHM paying off debts slowly

slm6002

OH has done it again.  In the post today (yes i opened his post as it came here) was a new loan agreement based on the fact he is living here.  Bank don't think it is wrong and nothing can be done about it.  Its for £1000.  He has to be desperate if its for a relatively small amount.  He is earning plenty of money so why.  It bugs me as i don't want debt being linked to my house.  Yes i know he in theory is on the mortgage at the moment but i would argue as he hasn't contributed towards the mortgage for so long he shouldn't be.  He isn't even registered to vote here any more as i took him off a little while ago.  Its with a well known bank who i thought would have looked at his credit report and details.  Rahh.
Currently sifting through the legal document and will make him sign it sunday on collection of the children (once they have amended a few bits - do i get them to change the loan amount?)

slm6002

Legal documents read and email sent asking for some adjustments.  I left the loan as it was on his original sheet.  Now to hope the amendments are made before sunday.  Keep those fingers crossed please

Golightly72

Gosh that is annoying about the loan at that address, presumably nothing in your name so no come back on you if he doesn't pay, but obviously you don't want any financial links to someone who may have bad credit.  Sooner you can unlink yourselves the better!

No advice as I haven't been in that situation, sorry, but wanted to say it would annoy me too,

slm6002

Thank you Golightly.  It is frustrating especially after getting rid of all of the debt once already - main chunk being his.  He is never going to be good with money, i know that, but if he could just last a little longer that would be great.  I just need not to be attached - hopefully not too much longer.  I think the bit that got me the most was the way the bank were so uninterested in the fact he had lied to get the loan - they just didn't care

slm6002

OK need some advice please.  As part of the finance side i need to sign paperwork about legal advice i have had regarding the finances.  Right at the beginning I had a 1 hour initial meeting with a solicitor, which is where she explained what i would need to do and when.  We touched on what I might be entitled to and also what i might have to sign over.  I didn't like the lady and she thought as i was on benefits the first thing I needed to do was downsize and find a job - clearly had no idea what she was going on about.  Does this count as legal advise do you think or was it so brief and only really covered things in general rather than for me specifically therefore not counting as advise?  Need to decide so paperwork can be adjusted.

slm6002

Oh and form sent off today for final divorce certificate - so any day really it will be official

Honeysucklelou2

Don’t know enough about the legal procedures but if you haven’t been to mediation and have resolved  the finances yourselves, I guess the question is to ascertain that you have had legal  advice about it. Can you  respond to the question with an answer that reflects the brief general nature of the advice rather than specific advice to do with your agreement?

enthusiasticsaver

Was the solicitor a family law solicitor? It does not sound like she was particularly thorough but if it was a free consultation they  are often not in depth conversations.   It would normally be recommended that you do seek legal advice but I have no experience beyond my sister who negotiated her own financial settlement with her ex husband but they managed to reach agreement between them regarding the house and their pensions and relations remained civil between them.  If you and ex are at loggerheads some proper legal advice might be a  good idea. 

slm6002

I did write an explanation about what i had been told, but it seems its down to my opinion if i believe it was legal advise or not.  I mean i wouldn't have know some things like he was indeed entitled to half of house even though i bought it originally, also that i was entitles to his pension or i could not  ask for half of it and get more of the house.
I didn't however get them to figure out what i was asking for.  Not sure if it really has much relevance to the outcome or not.  Is it better say that neither of us had legal advice so we are in the same boat, or that i did so at least one of us knows what we are signing up for?

slm6002

The solicitor was a 'cheaper' 1st hour type thing at one of the best solicitors in the town.  The lady deals with divorce all of the time but not sure of her real title as i didn't care for her at all.  OH and I have come to our own arrangement and are both happy - well i would have preferred not to have to buy him out but cheaper than it could have been.