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Divorce Source Community Forums >> Financial Issues

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corporatebeach2
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Reged: 12/23/11
Posts: 4

Interest on loans

#772062 - 12/23/11 10:22 AM

My ex-husband and I did our own divorce on-line. It was all pretty slick, just fill in the blanks and sign the form. We each agreed to pay off half the balance of our loans to our lending institution. It states: Husband to pay 50% of remaining balance to "XXXXXX"; Wife to pay 50% of remaining balance to "XXXXXX". Now he's coming back and saying he's not paying the interest because it doesn't actually say "plus interest". Isn't it an assumption that because lending institutions CHARGE INTEREST, that the interest is automatically to be included?

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