Just over a year ago I found out my children were being Abused by their 'father'.
We've got Restraining orders, police Involvement and Confirmation from DCP that 'significant harm has occurred' The children have all been diagnosed with PTSD and have multiple ongoing issues each.
I switched the Mortgage to Interest only and can manage the repayments alone. To be honest Until I'm in the right headspace I dont even want to deal with the house solely our safety etc first. Its been an incredibly long and emotionally draining process.
As of Today The Interest Free period ends (I only found out 2 weeks ago)
The Bank contacted ex and the woman was verbally abused and sworn at. He later called back to say he'd come in to sign the forms to extend interest free period but he hasnt......
He hasn't paid Child Support, Mortgage, Rates, Insurance NOTHING in over 12 months.
I'm freaking out and don't know what to do. Its overwhelming with everything else going on.
Do I just let it default and claim bankruptcy?
I feel Trapped. Scared and Sick to my stomach.
5 Replies
Speak to the bank. Speak to a divorce lawyer (they can take payment out of the financial settlement, sale of home etc). Speak to a financial counsellor (free at Centrelink or salvos).
Don't let the mortgage default.
First thing monday norning go to the bank and make an appointment explain to the bank whats going on and go from their.
As exhausting as what you are going through apart of your safety that must come first is ensuring your financial security to provide for your children now and in the future that also includes a home.
I think now has been given a fast shove into needing to deal with the house.
Exhausting eh! Take all the supporting paperwork you have and as suggested speak to your bank. Every situation is different. A lawyer even contacting women's legal aid could be a good start but always extremely helpful .Also a financial counsellor as suggested.
I have never had a mortage so have no other advice but have with family violence. Stand strong and remember this too, shall pass.
Definitely talk to a financial counsellor call 1800 007 007 as a starting pointand they can refer you to someone near you. Financial counsellors are government funded and offer a free service to people experiencing financial difficulty; they can also deal with the bank (and anyone else chasing you for money) directly on your behalf which should reduce a bit of the stress. They might be able to organise to put your payments on hold for a few months.
A lawyer is a good idea too, you can contact your local Women's Legal Service for some advice.
Good luck!
Hi there im, im going through real estate dramas now. The uncertainty has suddenly caused this stress, my heads fuzzy, i cant concentrate its all i can think about and worry about. My advice to you is to sort it out sooner rather than later. Get all the advice and decide what youre going to do. Rentals dont just get appeoved overnight, it takes time so get onto it and sort it out before it all falls down around you. Have a plan and somewhere to live, thats the most important.
Good luck.