Debts and Credit

My husband of 27 years just told me while on his yearly trip to England to see his family for the last 5 years that he is not coming back. We were arguing too much about finances and his health is not great. At that time I asked him if he wanted a divorce he said no. But that does not make sense if he does not plan to come back unless it is so he does not have to split our debts. He is 55 and I am 50 years of age. He say he won't pay for any expenses here anymore. He said he did so for the last 27 years and he is gong to need money in England. He is living with his family right now. His income had dropped in the the last few year dramatically from around 80,000 a year to 25,000 year due to health reasons and the economy. He was in sales on commission only.I occasionally helped him with his office work over the years. I started working almost 5 years as a loan signer and R.E. agent and my income has slowly been going up and is around 4,000 per month. I was helping with the bills but It was not enough to stop our credit cards balances to go up. Now that he is not going to help financially I am trying to rent out 2-3 rooms in the house but it is not easy to do so. Our daughter is 21 and studying in college in Sacramento. Before he left he had gone to the Emergency room with an ambulance with breathing problems. I was working at that time I did not know he was there until he called me from the hospital . I went to pick him up and brought him home. Now the bill for that day is here and it is $1200 for the Ambulance and $600 for the Hospital. I told him about the Ambulance so far but not the hospital but I do not think he will pay for it. Our 1st Mortgage is $300,000 and 2nd is 135,000 (the note is in his name but i am on title for the 2nd)of which the first is Interest only so the principal is the same for the last 6 or 7 years and has not gone down.It is a 30 year loan so I do not think I can ever pay it off. The next increase is in 2 years and it will double the payment from $1565 to $3000. The second will also be adjusted to whatever the interest rate is at the adjustment. Right now the payment is around $300 a month. I am going to look into Modification but It will be difficult without him here and separated because both incomes might be considered. My total bills are going to b around $6000 a month with my business expenses included. I will try and get tenants in to help out financially. My question is if I file for divorce what are advantages and disadvantages in doing so? I am looking at the legal separation form too. He never told me he was not coming back before he left but he was planning it for the last 2 weeks or so because he was not acting normally and I though it was because of one of our arguments. He even stole my passport as I was looking for the Note for the house and I and did not see the passport where it is usually kept. I had just spent $350 or so to renew it and now it is gone. I guess he was worried I would follow him to England. I do not have any intentions of doing so. I do not like living in England. I lived there 6 years before we got married there.He did not tell me that he was not going to make the mortgage payment so I found out from the letter for the late payment from the Mortgage Co. I made the payment with the late fees and insufficient funds. I would like to stay in the house but might have to do a short sale if I cannot make ends meet. My daughter has been supportive and that is a blessing. I have friends who are shocked at what he did but I am also very embarrassed to tell more than just a couple of close friends about the situation. He will not call me and sometimes he will pick the phone and sometimes I just leave a message. Last 2 times he did not pick up the phone. I do not know if he will or not in the future. My daughter would be able to communicate with him though. He was a loving father and husband for most of the marriage. Just the financial situation broke us and I have a bad temper and lack communications skills. He just could not handle it anymore with his health. It was too stressful for us.

CPS, a collection agency called me about a year ago and said I owe $535.81 to a company called Checking Check Cashing from 1998. First CPS said it was for a loan someone took out in my name. They started calling me again two weeks ago and now say it is for a returned check. CPS has not given me any documentation on this nor have I received an invoice or documents from anyone that I owe this money. They are calling 2 or 3 times a day and are threatening to file against my credit report and telling me I commited fraud. What should I tell them and how do I get them to stop harrassing me? I researched CPS and their address is 31170 Reserve Dr. Thousand Palms, CA.

Ford Motor Credit had frozen my bank acct several years ago and took all the money they could from my bank. They had not received all the money they were seeking for a reposession of my vehicle. I recently received a letter from their attorney and they are requestion information about my bank account that has direct deposit only. They also are inquiring the names, age, and other info about my children. The letter claims that if I do not give them the information they are requesting, they will hold me in contempt of court. I have not been to court with them at all. What can I do in this situation to protect my account. I am in the processes of filing bankruptcy, but would prefer to make payment arrangements that is not going to cripple me. I'm a single mom of 4 on welfare. What are my options?

I was employed by a trucking company that is going out of business. I had to go to their school for driving. The course was $2400. $200 a month would be deducted from that bill while I worked for the company. I went to school for 5 weeks and was hired to drive. This was in Sept. 2004. In Oct. 2004 I had an accident and was unable to drive any longer and was awarded a small settlement in 2008. From 2004 till the present I have been paying $25 a month on the driving school bill. Now the company is going out of business and because there is no one to take care of an accounting dept. I received a letter that my account will be turned over to a collection agency. My question is: Can they ruin my credit just because they are going out of business? I have upheld my end of the bargain by paying the amount of $25 that both the company and I agreed upon faithfully every month.

I am a housewife for these past 22 years. If I owe a debt and responded in court that yes I owe the debt made payment arrangements (paid at the lawyers office) as agreed then why are they issuing a citaion to my bank as third party to reveal assets or income. Most importantly why tangle up my bank acct. to the tune of nearly $20,000. (They doubled the amount owed.)