I am buried in excess of $100,000 in student loan debt that my ex-wife and I borrowed in college. When we got divorced she was required to pay her portion in accordance with the divorce decree.
She moved out of state, and I have no idea where she currently resides. I have been paying the $750+ monthly payment for years now. (I just checked today, and I’ve paid over $62,000 towards the bill and knocked the princial down about $10,000) I’ve been at the same job for about 11 years, and worked my way up to a decent wage to where I was able to make the payment and still afford basic living expenses. (I am currently remarried and have 2 children)
My current wife makes decent money as an RN, and we are getting by. Unfortunately it appears that my job may be in jeopardy, and we can not afford our house payment (it’s a modest 3 bedroom house with a payment of about $600 per month) and my $750+ student loan payment. I’ve asked for years what kind of action I can take to pursue payment from my ex-wife to help soften the blow on this, and I always get the same answer…take her into court on contempt charges…the problem with this is…I have no idea where she lives.
In addition Sallie Mae actually told me they couldn’t care less if she ever paid a penny, because I’m the primary on the loan, so as long as I pay them I’m happy. When I asked for there advice on how to get her to pay too, the gentleman I spoke to suggested I kill myself, then she would be responsible for the loan. Any suggestions on what to do about this mess?
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