18 months ago I fled an abusive marriage with my children , the marital home has been up for sale ever since and my ex now has substantial mortgage arrears to the point that the building society are threatening repossession. We spoke today and he feels I need to either make a substantial payment to him to cover some of his losses in paying the interest for the last 18 months while it has failed to sell or to sign the entire value over to him. If sold there will probably only be about 40k of equity, repossession would probably leave nothing. He has lived in the property for the last 18 months whereas I'm in rented. He only has around 20k of savings left and can't work, I have absolutely nothing and survive on benefits as our youngest is only 2. Maybe not surprisingly he categorically denies he was in any way abusive and thinks I must have been influenced by someone else to take the action I did.
Where on earth do I find the money or would I be better to sign the potential equity to him?
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Do I give him the equity?
16 replies
lightthelampbabe · 20/03/2016 23:26
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