Originally Posted by 827Aug
I'm trying to understand how the credit cards got "attached" to the loan your husband co-signed. Have you consulted an attorney?
It sounds as though your grandparents are willing to help out. Instead of them helping with your BIL's debt nightmare, would they be willing to "buy" the house for you?....and you make the payments?
The credit cards were an offer on top of the loan when we sat down and they signed the loan documents. My husband maintains that he never agreed but I was there and he did, unfortunately.
My grandparents however would NEVER buy the house for us because, they too, have been screwed by that situation. To top it off, it was my mom that did it!
My husbands brother has repeatedly said he was going to draw from his retirement and pay us back for the money we put into the loan and the settlement that we had paid on it, last night however, I spoke with my husband and told him to call him and be an *******, tell him that he will take the money out of his retirement tomorrow [today] and pay wells fargo off, otherwise we are taking him to court.
His brother then started whining about how his company is going to be bought out, and he might not have a job and he'd have to pay back all that money to his retirement wahhh wahhh wahhhh. Hubby told him 'how is it any different? you will still have to pay it back either way, but it means I'm off the hook' So we'll see.
Also, we spoke to an attorney back in 2008 paid retainer fees and what not for her to give us a check back in a week. We have no binding documents showing that Dwayne and Mandy are financially responsible for all of this.
I tried to file a fraud investigation into Wells Fargo because we never activated the cc's. Dwayne took them and said he was 'responsible' for them and would take care of it. I tried to get statements showing that none of the amounts had been purchased from the cards my husband was issued but they didn't have them after so long. I screamed at Wells Fargo saying you don't have TWO IDENTICAL CARDS on an account. They come from the same, but have 2 different numbers, how can you not see that? I then started asking if his card was activated because if it was, then that truely is fraud. My husband was DEPLOYED, how the hell would he have activated them? Umm.... HE WOULDN'T...
It's just a cluster!