What will happen if I just leave the country without paying the mortgage in New Jersey?
My ex wife and I bought a house about 2 years ago. I am the only one on the agreement to pay the mortgage. We divorced a year ago and I agreed to continually to pay the mortgage until the house is sold and the balance of the money will go to my ex wife. Now, the house is still on the market but I am tired to pay the mortgage. What will happen if I stop to pay the mortgage? Can I quit my current job and move to a different state to find a new job? Or can I just quit my current job and move back to the country I came from? Will the house go on foreclosure? what will happen to my ex because her name is on title also but she is not working anymore? Any suggestions will be highly appreciated.
