Legal Question in Real Estate Law in Pennsylvania

Re: cosigning a home equity loan

If you have already split the proceeds [meaning what was left after loans and other closing costs] from the sale of the house on which the home equity loan was made, are you looking for your partner or ex-partner to pay you back for the van loan?

Were you making equal payments on the home equity loan, or did your partner or ex-partner pay all or most of those payments? How big was the balance that was paid off on the sale of the house?

You might have asked for more of the proceeds of sale of the house to be paid to you, to reimburse you for the loan payment on the van, but it is now too late for that.

Was your name put on the title for the van together with your partner or ex-partner? You might offer to take your name off the van title in exchange for your partner or ex-partner paying you back, since his loan to buy the van was taken out of the money that should have been received on the sale of the house.