HOW CAN I STOP FROM DROWNING AT THE HANDS OF MY SOON-TO-BE EX[ Edited ]
07-12-2012 12:36 PM - edited 07-12-2012 02:29 PM
My husband & I are in the process of divorcing after 35 years of marriage. I needed to vacate the house in Jan of this year, file for divorce, give up my 3 adjunct university teaching jobs & drive to Fl to stay with my mother.
When I left in January, my credit score was 710. However, since I vacated the house, my husband has been late on 2 house payments dropping my score to 639. The mortgage payments of $2680 a month are too high for me to carry in order to save my score.
I learned from my lawyers today that he may not be able to pay this month's as well. My score takes a hit each time he misses a payment.
My question is: can I file a brief statement w/ the credit bureau explaining the nature of the missed mortgage payments?
IF the house goes into foreclosure before the court petition goes through to compel payments or the sale of the house, what actions can I take to rescue my credit?
Can I indeed rescue my credit or is it a done deal?
I appreciate any sound advice I can receive. Thanks!!