Legal Question in Family Law in Indiana
Foreclosure after Divorce
When my wife and I divorced in June of 2007, we agreed to have a short sale of the marital residence. It states in our divorce decree that she will remain in the home and make the monthly mortgage payments until it is sold. It's now December and my ex wife never put the house up for sale and she moved out in August. She has not made the monthly mortgage payments and the house is now in foreclosure. Is there anything I can do because my name is still on the loan. We agreed to sell the the home and she didn't and we agreed that she would make the mortgage payments and she didnt. Now it is effecting my credit because she didn't follow what was stated in our divorce decree. Is there anything I can do?
1 Answer from Attorneys
Re: Foreclosure after Divorce
Hire counsel to negotiate with the lender. The lender prefers not to foreclose. Seke a contempt against your ex wife in the dissolution case.
You might hire an attorney to research whether you have a civil cause of action at some point if the decrease in your credit score is actionable in a separate suit against your ex.
Good luck