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Updated about 4 years ago on . Most recent reply presented by

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Ronald Burns
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Falling out and legal battle.

Ronald Burns
Posted

I have invested in property with an ex life partner and have gotten myself into a tough situation.

My name is on the mortgages of the properties we own. All properties and deeds to said properties were placed into an LLC. Upon my separation with said partner, I was coaxed into signing away majority of my ownership in the LLC and now only own a small percentage. I want to dissolve the LLC and mortgages so that we both can go our separate ways, however, because of the documents I've signed, I have lost the power to have any say in anything. I am still liable for the mortgages as the loans are all under my name.

Is there anything I can do to either force sell the properties or remove my names from the mortgages? My ex currently has no motivation to refinance asap and also does not have the income to. 

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