- Posts: 5
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The bank are aware of the situation and are keen to begin litigation when i go behind on oayments
Well. If you stop paying the mortgage, I would expect your ex wife to apply to the CSA to get child maintenance, which you say is the same amount anyway. So you''d be in exactly the same position, just giving the money to her instead of to the bank. And your credit rating would be mud, to boot. So really I can''t see any advantage to stopping paying the mortgage, and I can''t see how the Mesher order has caused you to be paying any extra than you would of been paying anyway.
I have been paying without fail for 7 yrs monthly the mortgage as agreed in the mesher order as a / instead of child maintenance
20% salary - the mortgage is fixed and fits this %
thanks for comments - the mortgage is only that low price currently due to fixed rate that i arranged 2 yrs ago - it goes up to 400 in jan - ex wife under the terms is supposed to look to meet the shortfall of 200 - she wont
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This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.