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Repossession 2 years ago
cpembo78
Posts: 2 Newbie
Hi,
Around 3 and half years ago myself and my wife split up. She stayed in the house and I continued to pay half the mortgage. However unknown to me at the time she did not. The house was repossessed just over 2 years ago and the amount showing outstanding is 24,000. I've had no correspondence from the mortgage company. The only reason I know that amount is it shows on my credit file. They have got my current address.
I'm wondering how this will go, I accept I'm responsible for half the amount however my ex wife will not pay anything.will the mortgage company split the amount equally between us and I can agree a payment for my half or will they insist I pay it all. It was in joint names.
Around 3 and half years ago myself and my wife split up. She stayed in the house and I continued to pay half the mortgage. However unknown to me at the time she did not. The house was repossessed just over 2 years ago and the amount showing outstanding is 24,000. I've had no correspondence from the mortgage company. The only reason I know that amount is it shows on my credit file. They have got my current address.
I'm wondering how this will go, I accept I'm responsible for half the amount however my ex wife will not pay anything.will the mortgage company split the amount equally between us and I can agree a payment for my half or will they insist I pay it all. It was in joint names.
0
Comments
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There is no 'half'. You're each responsible, jointly and severally, for the full amount.
The lender will seek to get the full amount in whichever way they can.3
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