I recently found out that a mortgage that was in both my ex-wife and my names was not reported. She was the borrower. I live in Louisiana, which is a community property state. We were married at the time of the purchase. Now, even though we were married, Cap One refuses to report that it was my debit as well.
Now, had we defaulted, Cap One could (and probably would) get a judgement on both my ex and me!
How the hell is this fair?????
The law says the debit is OURS. The bank says the debit is HERS. Who's right?
DJ