Ex-Husband cashed a check I wrote to help pay mortgage 20 months ago.?
As I was looking on my online checking account, I discovered that my ex husband cashed a check that I had given him in Feb of 2007 to help pay for the mortgage of a rental house we had together. The renter was paying $1000 and the total mortgage was $1500, so I sent him a letter and a check saying that I would pay for half of the remaining mortgage. I sent him $250. He, in so many words, said no and that he would pay the mortgage because he wanted the rental house for himself. I was just trying to be fair. Well, he never cashed the check. The divorce was final Sept 2007. Just the other day, I see that he cashed the check for $250. 20 months later, the date on the check say 2-15-07, but the bank said they didn’t notice the date, and cashed it, on 9-14-08. What should I do? That is not his money. He stole it from me. I do not owe him anything. Is Small Claims the place to go next? Would I win? Someone said it’s my fault because I didn’t cancel the check along time ago.
That check was stale-dated. Personal checks are stale-dated after six months of issue. That check was VOID. You should contact your financial institution and pitch a fit. It will be deducted from his account, returned to your account, and the teller who processed it will get a stern and deserved talking-to!
trying to figure out how good we are doing financially.?
This is going to be embarrasing, but i don’t know if we are doing ok or not. I don’t know what the norm is for money leftover after bills but according to a debt/income ratio i did today we are at 34% which is good, i guess.
My husband makes 1333 twice a month (that is what we see after taxes) there is a addtional 125 going straight to our savings account each month on top of the 1333 twice a month.
Our bills are as follows
credit card 170
which leaves 517 left for gas and groceries
home equity 103
home phone and internet 100
which is a little tighter at 380 for gas and groceries
total for the month we have 917 left in our checking, including the 125 that is in our savings its 1042 a month.
I just am curious how we are doing financially? I’m scared to death about this kind of thing and fear we are doing something wrong. We are military so no health ins.
well we’re military so no job loss..and no unexpected medical bills. we really don’t have to worry about that because its a secure job.
no credit card is what we decide to pay on it..that isn’t the minimum payment. We have a home phone and a cell phone because up until a month ago we only had a home phone. Effective the 26th we will no longer have that home phone. The second mortgage was to redo our home, its almost paid off now, it was only 10,000.
oh and why don’t i work? I have two small children and noone to care for them. We don’t live near our families. There is NOTHING wrong with being a SAHM parent.
Idk i am just a kid? Look up dave ramsey fiancial peace university online. Figure it out there. Great class.
DSS & Mortgage payments?
Can i move out of my property & rent it out to DSS tenants? Do my mortgage company need to know, can my mortgage company check with the DSS & if so what would i need to do, would i need to pay them more?
You do have to let them know otherwise they can rescind your mortgage. If they agree to you renting the houe out then you would not have to apy them more but you will be laible to pay tax on any profit you make. If you do decide to do this then I suggest you go through a reputable estate agent that deals with lettings; it will save you a lot of hassle in the long run. Also, find out what you can claim from the tax office as expenses to offset against any tax due.
i owe money to the irs i am getting an insurance check once i pay off my mortgage will they send me the rest?
The IRS can only take what you owe (plus penalties of course) but yes you’ll get the rest of the money.
What do you think of reverse mortgages?
Let’s say I am 65, and I get a reverse mortgage on my house. Do I get a monthly check from the mortgage holder? Will it be the same amount as a normal mortgage that I pay the bank? Or less? And how much less? And most important, what happens if I live to 75, or 85, or 95, or older?
Thanks for the help.
Don’t do it, I could go into a long list of reasons why but I just don’t have time right now. But for starters it’s going to cost a lot points up front and they’ll use their own bank appraisers which will low ball you and you better have quite a bit equity in the house or it’s no go. As far as the payout, it could be monthly payments or a lump sum or a combination of the two. Of course you will have to take special classes before the loan process even starts to make sure you understand why the lender is shoving it to you. The best thing you can do is to take the proposal to an attorney that you select and have him explain everything to you for a small fee. The best of luck to you.
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