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Bankrupt Ex-Wife still on mortgage!
Comments
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kingstreet wrote: »Did you have her removed from the mortgage?
nram refused to do it.0 -
I would like you to know how your ex-wife sold her part of the house without NRAM releasing her from her joint mortgage commitment. Personally, I think you are in for a bit of a shock!0
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As we've seen in other cases over the years, a lender may be quite relaxed in allowing someone to leave the ownership if they are so inclined.
Allowing them to leave the mortgage liability is another matter.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Is that the sound of a can of worms opening ??Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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It's well and truly open and they are wriggling round the floor...I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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What does it mean? Why have the worms arrived?0
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mrstansfield wrote: »She declared bankruptcy and sold her half to a third party following divorce...mrstansfield wrote: »nram refused to do it.
I think you're merging these two issues as one.
Whether they were happy for her to 'sell her share to a third party' is irrelevant (though it sounds very odd, to be frank). It appears from your second quote that she IS still on the NRAM mortgage, and therefore they will continue to write to her, since she's still jointly and severally liable for the debt, in the same way that you are.
You might want to call NRAM as it sounds as if you may get something of a shock.I am a mortgage adviser.You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
mrstansfield wrote: »I have no idea where she lives
Has she been around the world?0 -
I am a mortgage adviser.You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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You seem to be under the misapprehension that she left the liability for the mortgage when she was removed from the ownership of the property.
This does not appear to be the case, which can only be confirmed by the lender.
That being the case, the lender will continue to mail copies of all correspondence to all parties name on the mortgage at the last known address.
HTHI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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