So let HIM be the one to do so. It is foolish to limit your son's options for the future by tying him to an old house in a likely declining neighborhood (you mentioned it was relatively inexpensive.)He wanted to keep the house for our son.
So let HIM be the one to do so. It is foolish to limit your son's options for the future by tying him to an old house in a likely declining neighborhood (you mentioned it was relatively inexpensive.)He wanted to keep the house for our son.
I was thinking the same...If it was your lawyer that told him that he didn't have to be there that may problematic.
Again, we don't know that him paying the mortgage wasn't in lieu of alimony...or in lieu of something else.It appears that your ex was taken advantage of by failing to consider the effects of being on the mortgage but not the deed. You were as well.
Paying the mortgage and being on the note with no ownership interest are two VERY different things.Again, we don't know that him paying the mortgage wasn't in lieu of alimony...or in lieu of something else.
No, but being on the note and paying the mortgage, with no ownership interest, could be in exchange for keeping other assets that he also didn't want to sell to give her, her share. We don't know anything at all about their property settlement other than the issue of the house.Paying the mortgage and being on the note with no ownership interest are two VERY different things.
You are wrong.Not if all that was happening was the attorney submitting previously signed agreements to the judge.
Does not matter. He can still appeal it. He could also do a 60(B) motion. There are a variety of things he could do. You don't know the law. Quit acting as if you have a clue.Guys and Gals, from what I read the ex husband SIGNED OFF on the agreement. I do not believe that someone can appeal an agreement that they signed off on.
I understand that he has buyer's remorse now, but unless I totally misunderstood what was posted by the OP, he DID sign off on it.
I suspect he would have great difficulties obtaining another mortgage if he dies.What happens if he dies?
He would likely find it difficult to obtain another mortgage.
Many people who are represented by competent legal counsel during the divorce have it put in the decree that the party on the hook for some form of spousal support have a life insurance policy covering their obligation, with the other party of the divorce as a beneficiary.Ha ha ha
If she is depending on him to pay the mortgage, she needs to take out a life insurance policy to pay it off. A decresing term should cover it.
Many people who are represented by competent legal counsel during the divorce have it put in the decree that the party on the hook for some form of spousal support have a life insurance policy covering their obligation, with the other party of the divorce as a beneficiary.
(A trip down memory lane... https://forum.freeadvice.com/threads/life-insurance.560214/ ...Bali Hai was amusing in his own bitter way.)