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My ex-wife and I are co-borrowers on a Spousal Consolidation Loan from 2000 that is at 8.25%. I don’t see any action by congress that will allow these loans to be split.
I am able to pay my “divorce decree ordered” 50% but my ex-wife and her current husband are not currently in the position to do the same.
Can I work with you or another lawyer to draw up a document that states I have paid my half, gives me recourse against my ex-wife if she fails to make the appropriate payments on the remaining balance and attaches to her estate for immediate payoff of her owed share should anything happen to her and/or her husband?
I am co-borrowers on a Spousal Consolidation Loan is at 8.25%. I don’t see any action by congress that will allow these loans to be split.
Has there been any update to congress to enable splitting divorced spousal consolodated loans?