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rooover25
Newbie
Posts: 1
Registered: 09-23-2011 Location: Kent
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posted on 09-23-2011 at 05:41 |
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Will my ex have to pay the mortgage?
Hi all, my marriage is at a crisis stage and am unsure what the future holds. If it ends in separation and divorce does my ex have to pay our mortgage? I have 2 children aged 8 and 13. I earn £12,000 per annum and my husband is on £55,000 plus a 20% xmas bonus. Our mortgage is in joint names and is £1200 per month on a repayment basis. I do not want to uproot the children out of their home. I am desperate to save the marriage but he is unsure what he wants to do, so if anyone leaves the property, it will be him. I would be grateful for any advice, many thanks
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carrollhodge
Junior Member
Posts: 27
Registered: 06-16-2020 Location: Redding, CA
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posted on 08-25-2020 at 07:54 |
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Husband, Mortgage, and Divorce
The first thing to do is find a lawyer you can afford and get some legal advice. The second thing is something you should have been doing for a long time: squirrel money away. I know it is difficult, but you have to hide some savings for yourself. And I don't mean for the children. He will have to do most of that; so it is about you having a rat hole in case things go bad.
If you can stay married or come to an arrangement with your husband, do so until the children are older.
I hope he is a decent man; it can get very ugly if you break in to a War of the Roses type of divorce.
Good luck.
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