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Bought a House,2 ownership,1 loan (Me) and the partner refuse to pay

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asked on May 22, 2015 at 23:56
by   jingleabu
Hello there,

I been seeking for helps to many lawyer and found no way,this is my last hope in here,the story goes like this:
I have a friend who intend to share a house with me and 2 loan we plan to have at 2010,and so we proceed on buying the house,but the bank rejected her offer and she advice me to get the full loan of the house,without hesitate,i agreed. Sigh...(sometime it is stupid without think twice)
And so,i sign for the full loan,and S&P under 2 name,and start to pay everything,each time make payment i am using cheque,and whenever i ask her to return the half,she will have a lot of excuse,until the day i got the key,and start the installment in 2010,she still refuse to pay the half,and so i am seeking for lawyer advice to get my house back to me,since i am the only one who settle the loan,downpayment,contract and all. And she never pay anything.

I did pursuade her to sell the house,she refuse,and now i have to bear all the loan (my cash about to finish burn) and the house is share name somehow,i did not move in,did not rent it either....it's like abandon there...i have cried for a years,been heard how she insults me outside,nothing i can do.

Can anyone advice how do i take back my house? thanks....
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6 Answers

answered on May 23, 2015 at 01:16
by   yen yen
Why didn't you marry her?
No choice, default in the bank payments.
The more you pay, the more she gain.
Who ask MAN to try to be hopeless romantics?
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answered on May 23, 2015 at 01:19
by   jingleabu
FYI,i am girl.....she is just a friend(use to be a very close friend) sort like BFF.
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answered on May 23, 2015 at 02:27
by   yen yen
What is BFF? I am a male la...

U hv use "abu" and partner ma...

Cut lossess.. default in bank payments and let bank foreclosure.

There is no legal way i read that can take her name out.

Just take this episode as a marriage gone bad and need rectifications...
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answered on May 26, 2015 at 01:47
by   vkpc
If you stop paying the installments, and the bank auctions the house at low price, you will end up owing a lot of money to the bank and can be made a bankrupt.
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answered on Aug 5, 2015 at 23:00
by   fantasy
I had a similar case like yours, i shared owned the property with my BF, and he stop paying the installment, so the loan is under my name, month by month i'm the one pays back the installment back to bank.

Until one day, my lawyer friend advice me that i can remove his ownership, but my BF has to agree to sign the agreement , so you can approach lawyer to get this done.
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answered on Aug 5, 2015 at 23:07
by   jeff005
@ fantasy

Do you mean a new bank housing loan agreement under HIS name?

Thks..
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