My husband bought into Silverleaf with a family member.They each have their name on the deed and each pay half of the monthly payment. However, since the purchase, the "partnership" is not working out.
The partner will no longer pay his half. Well half a payment is the same as no payment as far as Silverleaf is concerned. We cannot afford the entire payment and have discussed this with Silverleaf, but it falls on deaf ears. Every time we speak to someone it is a complete run around.
We are at the point that we just want OUT of the whole thing. However, we don't want to ruin our good credit. One representitive told me that not paying would be as great as if we stopped paying on our home, our credit score would go WAY down, and we would never be able to purchase anything again. Is this true?
Should we hire an attorney?
What do we do? Any suggestions or experience in this type of matter would be greatly appreciated.