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Asked 3/22/2010

Mortgage Bankruptcy and my Ex

Per my divorce decree I was alloted the marital home with the understanding that I get the mortgage refinanced into my name alone. I have attempted this many, many times and have been shot down every time. No bank will refinance me at this time -- even with a credit score over 800. If I don't refinance I am in contempt of court and my ex is threatening to do this.

I have consulted with my divorce attorney, a mortgage attorney, and a real estate agent -- I have been advised that my best bet is to file for bankruptcy on the mortgage. This seems to be the only way not to be open to litigation by the bank.

Can my ex file a contempt of court and stop the bankruptcy proceedings?

Please advise.

 
 
 
 
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