Arizona
My daughter and her husband have been married for all most 2 years. When her husband divorced his former wife he gave her the home in the divorce settelment. When she was unable to pay the mortgage, she moved out and he moved back in and took over the mortgage payments, taxes and insurance, in order to avoid a forclosure on the home. This was three years ago. Before the divorce they had also filed for BK. When they divorced he continued to pay the BK in order to pay it off. She never helped with her portion of it. My daughter and him were unable to refi due too his past BK, so they remained in the home and continued to make the mortgage payments. They were told that was the only way to remove her from the mortgage was to refi. .
My daughter and her husband are now needing to sell the home in order to move closer too the city due to work. The ex-wife is demanding half of the proceeds from the sale of the home. A home in which she has had nothing to do with for over three years. In the sale of the home they are supposed to pay off the balance of the BK that she was included in. .
What can they do, what are thier options? Please help!
My daughter and her husband have been married for all most 2 years. When her husband divorced his former wife he gave her the home in the divorce settelment. When she was unable to pay the mortgage, she moved out and he moved back in and took over the mortgage payments, taxes and insurance, in order to avoid a forclosure on the home. This was three years ago. Before the divorce they had also filed for BK. When they divorced he continued to pay the BK in order to pay it off. She never helped with her portion of it. My daughter and him were unable to refi due too his past BK, so they remained in the home and continued to make the mortgage payments. They were told that was the only way to remove her from the mortgage was to refi. .
My daughter and her husband are now needing to sell the home in order to move closer too the city due to work. The ex-wife is demanding half of the proceeds from the sale of the home. A home in which she has had nothing to do with for over three years. In the sale of the home they are supposed to pay off the balance of the BK that she was included in. .
What can they do, what are thier options? Please help!