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Contributing to loan in joint names.

  • 07-02-2013 7:13am
    #1
    Registered Users, Registered Users 2 Posts: 1,692 ✭✭✭


    A loan was secured on our property over 8 yrs ago of which there are 18 months remaining. The marriage is now over and the other party refuses to pay, I have been paying for the loan up until now but due to financial constraints I need the other half to contribute...but how as she refuses.


Comments

  • Closed Accounts Posts: 6,224 ✭✭✭Procrastastudy


    Payton wrote: »
    A loan was secured on our property over 8 yrs ago of which there are 18 months remaining. The marriage is now over and the other party refuses to pay, I have been paying for the loan up until now but due to financial constraints I need the other half to contribute...but how as she refuses.

    Sounds like a job for superman... no wait I mean a solicitor.

    If you can't afford one try FLAC.ie for some advice on how to proceed.

    I wish you the best of luck.


  • Registered Users, Registered Users 2 Posts: 26,998 ✭✭✭✭Peregrinus


    This is between you and her - it's not the bank's problem. The courts have power, as no doubt you know, to sort out financial affairs of separating couples who cannot agree them between themselves, so that is the avenue open to you. But the court won't deal with the loan in isolation; they'll want to look at in the context of your overall affairs.

    You don't say why the other party refuses to pay, whether there are other issues outstanding between you, whether the other party is taking thise stance in order to pressure you to agree on some other point, or whether she has just stuck her head in the sand and refuses to see that there is unfinished business here.


  • Registered Users, Registered Users 2 Posts: 1,692 ✭✭✭Payton


    Peregrinus wrote: »
    This is between you and her - it's not the bank's problem. The courts have power, as no doubt you know, to sort out financial affairs of separating couples who cannot agree them between themselves, so that is the avenue open to you. But the court won't deal with the loan in isolation; they'll want to look at in the context of your overall affairs.

    You don't say why the other party refuses to pay, whether there are other issues outstanding between you, whether the other party is taking thise stance in order to pressure you to agree on some other point, or whether she has just stuck her head in the sand and refuses to see that there is unfinished business here.
    She has just refuses, I've asked her a number of times and I've been told she cannot afford it yet she can.
    We are going through a marriage break up and she has said that I could buy her out of the family home which is mortgage free but at the last minute pulled out and again no explanation.


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