Dear MortgageMaster,
My (ex) wife and myself have joint names on mortgage agreements some 3 plus years ago. She has left the marriage with no apparentintent on paying her share of payments. She has departed to the Mid West states (U.S.) Kansas City, MO. Before she left she told me if I was to sell her assets, and property she wanted half of profits. When she departed the mortgage owing was $ 90,000 with total debts ( matrimonial ) over $ 25,000.Are there laws in N.S. concerning abandonment of marriage, especially, concerning debts incurred since marriage.
Dear Sir,
I am sorry to hear about your sad turn of events. Unfortunately, I have absolutely no knowledge of Canadian law. Even in the U.S., the laws from state to state differ regarding mortgage obligations. In California, for example, whoever signs the mortgage paperwork as a borrower is responsible for the mortgage, regardless of changes in marital status. You need to speak to an attorney. Sorry I could not help!
MortgageMaster
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Monday, December 29, 2008
Spousal Abandonment: Who Pays The Mortgage?
Posted by MortgageMaster at 8:57 AM
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