I would like some advise
I have a joint loan with my stbx...he has said through his solicitor that he would pay half the settlenet figure in december....no cheque from him!...again 5 weeks ago his solicitor said he would be paying the loan but i received a letter from the company saying its not been paid!.
I have text him re this loan but he doesnt reply...
I have sent all coresspondence to the company to show that he said he would pay the loan.
Our finances have not gone to court as his solicitor said he would apply for a share in equity in my house even though hes just brought his own...because he wont go to mediation or exchange form E a well its a huge gamble and now we just need to sort out this financial tie!
I did think moving to my own house would make me feel alot more financially secure but this man is driving me mad as in our old house he just stopped paying bills without even telling me and came in and turned the gas off so his son and i froze!
Courts can''t divide debts and an agreement between you and your ex doesn''t bind the lender, so it can sue you both if the debt isn''t paid. The only way you can be compensated is by some provision in a financial order. However, a financial order will take into account all the circumstances and not just the debt.