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I am in the middle of a property settlement for divorce. My
I am in the middle of a property settlement for divorce. My ex husband has put it on me to pay the $458,000 loan secured against my property that was purchased with motor vehicle accident money in 2004. I was then injured again (spinal injuries) in the mining industry 2013. Of the $458,000 loan my ex husband has admitted spending $336,000 of the loan, I've spent $122,000. I am now classified as Total Permanent Disability and am unable to work in a typical way to even repay the debt. He earns $200,000 per annum as a full time mining employee. My ex husband is saying I am the loan owner as my compensatory property is security for the loan however, he is the financial component as, I was not working at the time the loan was taken out due to my injuries. The loan is in joint names. Whom is responsible for repayments in a situation such as this when I cannot work to make repayments? … read more
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Further to my previous questions and your answers, dated 22nd
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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