Divorce Legal Problems
I'm not sure if this is the right thread for this but I need some advice for a friend.
My friends mom and stepdad got divorced recently, the dad got a lawyer and the mom didn't. Well the mom foolishly signed the divorce papers and now she is completly screwed. Namely here is the big problem. Her name is on both the house and a $100 speed boat. She has not entitlement to either of these assests, is not required to make payments on them, but is still responsible for the debt, ie her name is on the loans in case he defaults. Well now she can't go get a house herself because of these loans. What are her options? Right now were all just hoping the guy will be nice and take her name off the boat and house but the chances of that happening aren't looking good. I think they guy wants to have control over his ex-wife. Any suggestions would be great. Thanks
|