X-girlfriend ran out on my new home and left me with payment

caymanss · Joined: 02 Dec 2007 Posts: 3 2.53 Dollars($)

Can I force her to start making half payments. She is on loan and deed. Why do I have to pay full amount. If there was a default lender would come after both of us. Also can I make her pay me back for half of what I have paid since day one.

jenkin7 · Joined: 04 Jun 2007 Posts: 939 140.80 Dollars($)

Hello Caymanss,

If your ex-girlfriend is the co-borrower in the mortgage note and you are the primary borrower, then the lender will go to your ex-girlfriend only when you default in making the monthly payments.

You may negotiate with her to pay for the half of what you have paid or take the help of a lawyer to sue her to the court.

shane · Posted: Wed Dec 05, 2007 11:18 pm Post subject:

jenkin, are you sure about that? If he is on the mortgage along with his ex, I would think the lender would "go after" both of them if the payment defaults, as they are both on the mortgage. I don't think one borrower doesn't get take on less liability than the other. caymanss, are you on the mortgage & title of the home as well?

jenkin7 · Joined: 04 Jun 2007 Posts: 939 140.80 Dollars($)

Hello Shane,

A co-borrower's obligation to the mortgage are similar to that of the primary borrower but if the primary borrower defaults, only then the lender will come after the co-borrower. A co-borrower is legally and financially responsible for paying off the debt if the borrower fails to do so.

shane · Posted: Wed Dec 05, 2007 11:39 pm Post subject:

I'm sorry I read your post incorrectly... I read it as the lender would come after the co-borrower ONLY... not the lender will come after the co-borrower ONLY IF... My confusion, please resume normal discussions Smile

jenkin7 · Joined: 04 Jun 2007 Posts: 939 140.80 Dollars($)

It's all right Shane. It does happen at times. Smile

All times are GMT - 7 Hours

Page 1 of 1