Divorce Mortgage Default Solutions

Summary

In New York, during a divorce, both parties must disclose their financial status. If your spouse is intentionally defaulting on shared obligations, you may file for a temporary order to manage assets/debts, request the court to enforce financial disclosure, and seek legal counsel for potential contempt action. For loan modification, consult with your lender, contact a HUD-approved housing counselor, and engage an attorney. If your spouse claims financial difficulty, gather evidence and consult with an attorney to address non-payment issues.

Full Conversation

divorce proceeding husband intentionally defaults on mortgage and withholds disclosing rather thats he is not in a position to pay but simply does not pay mortgage but pays vacations and pays off car loan with out
Hello Joie, in New York, during a divorce, both parties have a duty to disclose their financial status. If your spouse is intentionally defaulting on shared obligations, you may:
- File for a temporary order to manage assets/debts.
- Request the court to enforce financial disclosure.
- Seek legal counsel for potential contempt action.
Please consult with a local attorney for personalized advice.
advising of potential options to cure with loan moddification
Hello Joie, for loan modification related to your divorce situation, consider the following steps:
- Consult with your lender about the loan modification options available.
- Contact a HUD-approved housing counselor for guidance.
- Engage an attorney to negotiate the modification on your behalf.
Remember, every situation is unique, consult with a professional for personalized advice.
intentionall defaulting on mortgage and witholding mortgage modification option
Hello Joie, it's crucial to address this issue promptly. Here are steps you can take:
- File a motion with the court to compel your spouse to disclose all financial information.
- Consult with a HUD-approved housing counselor or attorney regarding mortgage modification.
- Consider seeking a court order for your spouse to pay the mortgage.
does stating not in a position to pay confirm not paying
Hello Joie, stating "not in a position to pay" doesn't necessarily confirm non-payment. It could mean financial difficulty. However, in legal matters, it's crucial to have clear evidence. If your spouse is not paying despite having means, gather evidence and consult with an attorney.