Hello,
I was divorced July 7 of last year, final settlement upon assets was filed in Oct of last year. I was able to keep the marital home and ordered to buy out my ex-husbands share in the equity of the home. I have gone to multiple lenders to get a loan against the home (which is paid for, no mortgage) but keep getting turned down. I'm not asking for even half the apraised value but can not get financed. My ex-husband has filed a contempt of court against me, because I have not been able to pay him.
This has stressed me out extremely! What do I expect when I go to court? It's not like I am not paying him because I don't want to, I cannot get funding. What happens if I can't get funded? Really stressed!! Could use some great advice!!
I was divorced July 7 of last year, final settlement upon assets was filed in Oct of last year. I was able to keep the marital home and ordered to buy out my ex-husbands share in the equity of the home. I have gone to multiple lenders to get a loan against the home (which is paid for, no mortgage) but keep getting turned down. I'm not asking for even half the apraised value but can not get financed. My ex-husband has filed a contempt of court against me, because I have not been able to pay him.
This has stressed me out extremely! What do I expect when I go to court? It's not like I am not paying him because I don't want to, I cannot get funding. What happens if I can't get funded? Really stressed!! Could use some great advice!!