Secured Loan in Ex''s name on my house

My Ex and I divorced 18 months ago and our settlement agreement was that he got the business (previously 50% each) and I got the house. I have paid the mortgage on my own for the last 2 years, even though we still have to have joint names as the mortgage company say I can''t afford it!. He also agreed to pay a secured loan on the house from his previous business of £36,000. I have a court order to say he agreed to this.

However Last year he stopped making the payments of the secured loan without telling me, this went on for 9 months before the bank wrote and I opened a letter address to him at my house.

We have been threatend with repossession but I''m unsure if the bank can do this as the debt is in his sole name?

I couldn''t afford to rent and have two young children.

Hi strawberries

Welcome to wiki but sorry you are here.

This is a great worry for me also as currently going though a TfE taking x of the morg & you just never know do you!

I would contact the bank immediately & tell them the situation, give them a copy of the Consent Order if required. Having said this I was told there would be a charge put on the house in an eventuality such as this so not sure if it is too late already.

If like my morg company they may be open now, have had to throw myself on their mercy a few times due to x & they have always been really helpful (thus far) - hope yours are for you also.

Good luck JJx

You will probably have to sue your ex for the non payment in line with the consent order. If he has assets or a business go for the jugular so he comes to his senses.