Can a divorced person change the terms of a home loan without the consent of the other party

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Can a divorced person change the terms of a home loan without the consent of the other party

My ex wife still resides in the marital home with
both of our names on the loan still. I believe
that she modified the loan terms to a much
higher liability amount, and now my credit
report shows that I owe more than the original
loan agreement. Is this legally possible?

Asked on August 28, 2019 under Real Estate Law, Florida

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 1 year ago | Contributor

No, it is not legal (which is not to say it could not have been done, such as if your ex signed, or had someone pretending to be you sign, for you). A loan is a contract; regardless of marital status, a contract cannot be changed without the consent of all parties to the contract. You would have to agree or consent to any change or modification.


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