house for closure after divorce anyone experience this?

My lawyer recommended that I let the house get foreclosed on. A mortgage lender suggested Deed in Lieu, but it was too late for that, the foreclosure date was set. My credit is currently crap as well.

In about 2 years, things will start to make a turn in your favor on it's own. However, if you have a credit card currently, or a car payment, DO NOT miss or be late on those payments, pay off the credit card each time you use it. Those will help make your credit score go up. refinance your car payment through your bank (not the car financing company), or trade your car in (I am currently doing this) so that it is paid off (again, makes your credit score go up).

Sadly, the foreclosure will be on your credit report for up to 7 years, but it won't stop you from building it back up.

I'm so sorry you're going through this. Are you a co-signer on the mortgage loan?

I had a similar experience with my ex husband. Luckily, I was able to talk to the bank about giving me a little more time before they foreclosed on the house. I was able to put the house on the market and basically sold it to the first offer I got. You might want to call the bank and see if there's anything they can do to help you. Tell them that according to your court papers, your ex was assuming responsibility for the house.

My advise is that if the bank is unwilling to help you or give you more time, then you might want to consider filing for bankruptcy. It's better to declare yourself bankrupt then having the bank hunt you down and repo everything you have and more. I've know people that have bounced back after filing bankruptcy in a just a few years. One friend even bought her own business only 2 years after filing for bankruptcy. Just an idea. Try to talk to a financial adviser and get their opinion as well. Best Wishes. Hope all works out for you.

Why don't you just keep it at "dating" until his divorce is final and everything regarding the kids is sorted out? You have no idea how ugly divorce gets when kids are involved, and those kids who love you today could very well end up resenting and hating you and make your life hell. It would be better in the long run for you to find a man more your age with no children. I speak from experience, I have four step daughters who loved me, and in fact, they put my husband and myself together because they felt we would be a great couple. My husband had been divorced from the two oldest girls mother for 23 years and never married the youngest girls' mother, so divorce was never an issue. The kids set us up for a date, it worked out, we fell in love and married a year later; now the two oldest girls do not speak to their father at all, no contact for a year and a half and the youngest makes our life hell every other weekend when she comes over. I have no idea how this happened, I knew the girls long before I met my husband and as a matter of fact, my son dated both of the older girls through the years, they were always at my house. This should be a perfect example to you of what can and may happen - take my advice, find someone else!!

I'm not sure why your lawyer did not advice you to have the house sold and the equity (if any) split between the two of you. This is what normally happens in these cases. Of course your spouse will eventually file chapter 7 and they will come after you - you may here from them before that point honestly, since your name was still on the deed for the house. This is a sticky situation and you may want to get some info from a professional..

Not that those of us here at Yahoo Answers aren't professionals :)

Good Luck!

Nowadays you can get anything on credit and blame the one big thing on your spouse. Thats why when you see car commercials they say. DIVORCE NO PROBLEM. Unless you got money to pay it off its gonig to be there forever. You might be able to get another lone based on the fact that you want to pay it off and build your credit up.