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Husband cheated and left wife. Before leaving, he took out a HELOC on their house
Posted on 11/28/17 at 8:07 pm
Posted on 11/28/17 at 8:07 pm
Brief points of the case.
Husband cheated and left wife.
Before leaving, he took out a HELOC on their house, paid off a portion of one loan that was in his name only, pocketed the balance of $45,000 and left with the other woman.
Wife did not know about the HELOC until after he left yet her signature is on the loan documents. He had her sign a bunch of papers and she did at his request as she had for over 48 years of marriage with no problems.
Note does not get paid.
Bank sues, getting summary judgements against both.
Judgement is amended showing husband owes the money and interest while summary judgement in rem only is awarded against wife.
What does in rem only mean?
Asking because the wife's attorney is out of town and the family really wants to know what is going on.
TIA
Husband cheated and left wife.
Before leaving, he took out a HELOC on their house, paid off a portion of one loan that was in his name only, pocketed the balance of $45,000 and left with the other woman.
Wife did not know about the HELOC until after he left yet her signature is on the loan documents. He had her sign a bunch of papers and she did at his request as she had for over 48 years of marriage with no problems.
Note does not get paid.
Bank sues, getting summary judgements against both.
Judgement is amended showing husband owes the money and interest while summary judgement in rem only is awarded against wife.
What does in rem only mean?
Asking because the wife's attorney is out of town and the family really wants to know what is going on.
TIA
This post was edited on 11/28/17 at 8:18 pm
28
Posted on 11/28/17 at 8:09 pm to Ambassador
Pics of the gilf in question
Posted on 11/28/17 at 8:10 pm to Ambassador
Posted on 11/28/17 at 8:11 pm to Ambassador
Not me but a guy I know
Posted on 11/28/17 at 8:12 pm to Ambassador
Too bad Judge Wapner isn't still around for days like this.
Posted on 11/28/17 at 8:16 pm to RummelTiger
I saw that but have to admit it makes no sense to me.
Do you happen to know a David Picou from Rummel? He used to be the Chef at the Ambassador Hotel. I have lost track of him over the years and want to touch base with him
Do you happen to know a David Picou from Rummel? He used to be the Chef at the Ambassador Hotel. I have lost track of him over the years and want to touch base with him
Posted on 11/28/17 at 8:20 pm to Ambassador
They can’t wait until the guy they are paying to tell them what’s going on is back in town?
Posted on 11/28/17 at 8:23 pm to Ambassador
You sound like a dick, man. Your poor ex wife.
Posted on 11/28/17 at 8:24 pm to TH03
quote:
You sound like a dick, man. Your poor ex wife.
I figured he was the wife's new boyfriend.
Posted on 11/28/17 at 8:24 pm to Ambassador
It strangely gives me pleasure to see that there are women out there getting screwed by their husbands. Reading this board for 4 years, I thought only men were the one's getting fricked over.
Posted on 11/28/17 at 8:25 pm to Ambassador
Some Ambassador you are!
Posted on 11/28/17 at 8:27 pm to Ambassador
Divorce is a business transaction. Let the best player win.
Posted on 11/28/17 at 8:27 pm to Ambassador
FWIW I had to google “HELOC “. Why didn’t you just say “line of credit”?
Posted on 11/28/17 at 8:29 pm to Giantkiller
Because HELOC is a pretty standard term.
Posted on 11/28/17 at 8:30 pm to Ambassador
quote:
Judgement is amended showing husband owes the money and interest while summary judgement in rem only is awarded against wife.
This is a contradiction of terms and makes no sense to me generally. You can perfect and foreclose security interests in property so that is "in rem" (no one uses that term that I know of any more, except occasionally re jurisdiction, but maybe in Louisiana--i didn't take many La courses and have never practiced in the state).
So if it was "in rem only" it wouldn't be "against the wife."
I need more info.
This post was edited on 11/28/17 at 8:37 pm
Posted on 11/28/17 at 8:31 pm to Ambassador
The in rem defendant will not be personally liable for the judgment, but the property can be used to satisfy the judgment.
Posted on 11/28/17 at 8:33 pm to TH03
quote:
You sound like a dick, man. Your poor ex wife.
You are right, the man is a dick and this is only the tip of the iceberg of what he stole. And for the record, the wife is my Mother. She is in tears asking me what this means as she has been served with papers with the bank asking for a sheriff sale of her home. But thanks for the comments.
Posted on 11/28/17 at 8:33 pm to McLemore
quote:
no one uses that term that I know of any more, except occasionally re jurisdiction, but maybe in Louisiana--i didn't take many La courses and have never practiced in the state).
Do you even admiralty law, bro?
Posted on 11/28/17 at 8:34 pm to Ambassador
Your family sounds trashy.
Posted on 11/28/17 at 8:35 pm to FalseProphet
quote:
Do you even admiralty law, bro?
Ha. Not since circa 2001. I wrote an article on forum-selection clauses in seamen's employment contracts. It's all a haze now.
It's all Greek to me now....
Damn, it's coming back to me now. From Robert B Force. The Force has left me.
This post was edited on 11/28/17 at 8:45 pm
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