Quote:
Originally posted by bold_n_brazen
No, I don't think you're wrong. I think that the bank doesn't give a shit about your divorce decree, as they weren't parties to it. But I do think that if this eventually shows as a black mark on your credit, you are in a position to say "Yes, I am aware that there is a black mark on my credit. Nonetheless, there are extenuating circumstances. These are they."
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But if they smack your credit without basis, they are open to a lawsuit. In a past life, I sued banks for doing exactly what you suggest they're doing in the corp context. The bank would say "Fuck you... we didn't know. We relied on the guarantee." Then we'd litigate over whether they did proper due diligence to find out.
