[Akimbo]

I have been divorced three years. During the divorce, my ex ended up with the home that we purchased together. According to the agreement drawn up by our lawyers, he would keep the home and make the payments or sell the home. I am in the market to purchase a commercial property for my own business and I found out that my ex has defaulted on the loan. The house had been on the market, but my ex lost his job and the home is now in foreclosure. My credit score has bottomed out because I'm still (somehow) still responsible for this, even though I have the legal documentation from our divorce proceedings releasing me from ownership.What can I do? Is there anything that can be done or am I still going to be bothered by this? I'm not responsible for this mess -- if I had been, then I would have paid it! I did talk to my loan officer for the business I am purchasing and her suggestion is to just buy the home from my ex! Please tell me that there is a better option than that!Thank you for the suggested websites, but I'm not so interested in finding a job or how to refianance my business -- I'm interested in the responsibility of the foreclosed home and it's affect on my credit rating. The two suggested sites do not answer this.

[vickyt]

Good question...I'll do some reasearch