I was an idiot and bought a home with my cousin. We jointly own the home. I got married and we had a baby and my cousin and I decided that I would leave the home. She signed a lease in June stating that she would be 100% financially responsible for the home for one year and keep the home in good condition. She never paid a penny. I found out in August she was going to file bankruptcy and walk away from the home. I worked with an attorney to get her out of the home so I could work figure out what to do. She did not leave until mid-September (now the home is 4 months behind in mortgage) and the house was a mess. All the appliances were missing as well (brand new stainless steel appliances that were part of the mortgage) when I finally gained entry into the home. She signed a Quit Claim Deed over to me as well. I cannot catch up on the payments and so I got the home ready to sell. She damaged the home, left it a mess and stole the appliances. I replaced the appliances (with second hand, not as nice white appliances) cleaned the home and fixed the damages. I also have to maintain the yard as well. I started working with a real estate agent and they said I needed her signature to sell the home. I called the bank and they agreed that the quit claim deed really does nothing for me at all. I had my real estate agent call my cousin to ask her to work with them to sell the home, she refused. She said she’s going to file bankruptcy and walk away free and clear, leaving me to take care of the finances of the home. My agent told her that the foreclosure that could happen would still count against her and my cousin just hung up on her. I had my father talk to her mother (they are siblings) and that got me no where. She won’t speak to me as she is "afraid" of me (she’s a lying, deceitful, nasty human being, unlike myself and I have never done anything to her except have her kicked out of the house that she lived in without paying for 4 months). Anyhow, so I have tried every avenue that I can think of to have her work with the agents to sell the home and not have a foreclosure, I feel like I am being held hostage financially. I haven’t received anything from her lawyer about her filing bankruptcy (and she hasn’t yet, I check weekly with the courts). I have a couple of questions -

1. Anything I can do to her for not working to get us out of this financial situation that she put us in? Can I legally hold her responsible?

2. When should I file a case against her for the broken lease and damages to the home? Should I wait a little longer to see if she’s putting that on her bankruptcy or not?

Thanks for any answers…

Technorati Tags: 4 months, bankruptcy, claim deed, cousin, damages, foreclosure, mortgage, real estate agent, siblings, signature, stainless steel appliances

My ex and I are still married, though we’ve been separated for over 2 years. We bought the house that he has when we were married, though my credit was iffy at that time and I am not on the mortgage information.

I am severely in debt and am looking to file chapter 7 bankruptcy. I am on the deed to the house, but not on the mortgage. Does my filing bankruptcy put the house that he lives in at risk? Also, I’m filing for divorce on Tuesday and am giving him the house in the divorce.

I want to ensure that if I go into bankruptcy court they can’t take my ex’s house from him. I am also on the joint bank account that he has, but I’m going to go to the bank with him shortly to have my name taken off of it.

Any information on this would be appreciated. If I sign a quit claim deed for the house does that stop them from being able to take his house? What’s the process?

Thanks
but what happens if I file bankruptcy and he doesn’t? Will they go after the home to satisfy my debt? He has some equity in the home, but I’m not sure if it’ll be enough to cover all that I owe.

I just don’t want to make this divorce harder than it already has been.

Technorati Tags: bankruptcy court, chapter 7 bankruptcy, claim deed, filing bankruptcy, filing for divorce, risk

I purchased a house with an ex, and needless to say things didn’t work out. When I moved out, he convinced me to sign a quit claim deed. I didn’t realize I was giving up all rights to the house without being released from my financial obligations to it. Now the house is in a foreclosure auction. I have no idea what this means for me. My credit was fantastic before all this business began, but now my credit score is plumiting fast! I’ve been told I should file for bankruptcy so that I can have my name removed from the mortgage, but I feel like that would be a bad idea. Is it really my best bet? What effect does this auction have on me? The ex refuses to talk to me at all, so I have no clue what’s going on besides what I can find online regarding the auction.

Technorati Tags: bad idea, bankruptcy, best bet, claim deed, clue, credit score, financial obligations, foreclosure auction, mortgage, what this means

I don’t want my credit ruined because my soon to be ex spouse is filing bankruptcy now. Divorce has been going on almost 3 years now, I want to stop him from filing on the house or anything else with my name on it, so I won’t be scarred for the next 10 years. The mortgage and home is in both of our names, but that’s about all, maybe one or two credit cards, but mostly the home. Anybody got good solid sugguestions?
I have already talked to an attorney, and get nothing but the run around. He won’t sign a quit claim deed, and cares nothing about the house. The attorney’s here are in a very tight knit circle where everyone knows everyone and has worked with them at one point in time. I don’t want my credit with a Bankruptcy lable on it because the ex is an idiot. The divorce has taken almost 3 years because he keeps putting it off. My parents are willing to support the children and myself, but he thinks he should get a cut in it. Just because they are well off, doesn’t mean I am. Any advice??

Technorati Tags: 10 years, 3 years, claim deed, credit cards, divorce, filing bankruptcy, lable, mortgage, parents, point in time