My ex and I have been separated since July. I am living in the marital home (jointly owned), but I am being told that I must make all the mortgage payments by myself…and PERHAPS I may get half the amount that’s applied to the “prinicipal” back when we get to property distribution. I have a $1,200 monthly payment and only $300 of that goes towards the principal. So my ex is only going to be responsible for $150/mth of the $1,200 yet he will get HALF the profit in our home??? That makes no sense to me. He should be responsible for half the $1,200 since our names are equally on the mortgage loan and deed.
I tried to file for financial assistance thru my mortgage provider, but in order to do that, I must fill out financial information on my ex as well as mine. I have no access to his information nor will he give it to me.
Can someone explain what the law is regarding mortgage payments? I am at my wit’s end trying to make these payments as a single mom with 3 kids.