All posts in Finances

Can My Ex Husband Back Out of a Home Buyout Agreement if the Appraisal Value Turned Out to be Less Than He Agreed to Pay?

My ex-husband is buying me out of the home and some vehicles that we currently co-own. He had agreed to pay me a lump sum contingent on the approval of the loan. He got approved for the loan. His lawyer drew up the paperwork, I signed and notarized it signing over the deed to the house. Now that he is approved for the loan (just because the bank appraisal came in a little lower than expected, but so what it always does), the ex has decided he doesn't want to pay me the money we agreed on based on the appraisal (he wants to pay me much less). Read more [...]

If My Ex and I Own a House Together and He is Making Money Off of it, am I Entitled to Half of That Money?

My exhusband and I own a house together. I recently found out that the rent he is receiving covers the mortgage and he makes about 600 extra. Do I have the right to 300 of this? In our divorce decree it only states he is responsible for the mortgage and upkeeping of the property not about extra money that is made. Read more [...]

My Sister is Leaving an Abusive Relationship, How Should She Handle the Fact that She Allowed Her Car to Be Used as Collateral for a Loan in His Name?

I am trying to assist my sister who is in an abusive relationship with her live-in boyfriend of 18 months. She has summoned up the resolve to leave him but there are financial constraints that we could use advice on. He recently had her use her car as collateral for a personal $12K loan in his name. What are her options should she leave him regarding her car? There is no expectation that he will cooperate in any way when she leaves and he would likely cease payments on the loan since it is her asset and he would not be affected other than the impact on his already thoroughly tarnished credit record. It was a transaction she felt forced into because she did not want to risk any abusive retaliation. Read more [...]

How Can My Sister Get Out of Her Car Being Used as Collateral for a Loan in Her Ex Boyfriend’s Name?

I am trying to assist my sister who is in an abusive relationship with her live-in boyfriend of 18 months. She has summoned up the resolve to leave him but there are financial constraints that we could use advice on. He recently had her use her car as collateral for a personal $12K loan in his name. Read more [...]

What is the Best Way to Recover Money for Shared Utilities From Ex?

My brother got divorced in Kansas a few years ago. At the time he was sharing an apartment with his wife and daughter that was in his name. In the divorce papers she filed, he was ordered to leave the apartment, and she was to take over paying for the bills. He talked to the apartment complex, and because she didn’t make enough money, they wouldn’t take his name off the lease. Read more [...]

If My Grandmother Signed a Quit Deed to Sign her Property Over to Me, is it Officially Mine?

In Minnesota...my grandmother's home was condemned. She was placed into a behavioral health hospital. I was told she could not sign paperwork to make me her power of attorney because she was being held for her mental state. She passed three mental evaluations and is now being held in an assisted living facility; although the court has not ruled her to be mentally competent yet. The land she was living on was hers. For fear the state would take it, a lawyer wrote a quit deed and she signed the property over to me. Is the property officially mine? Read more [...]