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Hi! I will be the professional that will be helping you today. I look forward to providing you with information to help solve your problem. Good morning. I certainly understand the situation and your concern. When divorcing, was the issue regarding the $58,000 loan addressed and who would assume responsibility for it? Was this debt to be incurred by both parties? Also, could you please clarify how if you owed $30,000 and sold the home, how any profit was made, since the private loan would need to be paid off?
No, the issue of the $ 58.000. was not discussed, as far as I remember.
The $30.000.' what came out of the sale of the house was supposed to go to pay off the loan. However I had a few other bills to pay and my friend (for 25 years) has agreed to get paid whenever possible.
I have not heard from my ex-wife except that her "boy friend" has bothered (only once) the new owners.
Thank you....I can breathe again.