My question involves a mortgage in the state of: Florida
Need to know if this has a chance of getting dismissed by a judge and on what grounds:
From 2005-2009, I was not employed but living with my (ex) boyfriend who made plenty to support me.
In 2007 we briefly separated, my grandfather passed away and I purchased his home for a decent price (during the heyday of loans that required no documentation). I was planning on getting a job, but I found out I was pregnant, got back with my ex and he moved into my newly purchased home and continued to support me.
He fell upon very hard times with his company, stopped making money and racked up debt. I had some savings that I didn’t want to tell him about, but stepped in and magically started paying the necessary day-to-day bills hoping he would put aside his pride and resign his self-employment for a steady job.
His father knew he was in credit problems and approached him with a loan to get out of his debt. I don’t know specifics of their conversation but I think the son asked for around $5-10k, but the father insisted he needed a lot more money to get out of his problem, about $30k. He would secure it by my house. I am the only one on the deed, the sole individual on the primary mortgage, and the secondary mortgage and add’l note was signed by the two of us. The son, my ex-boyfriend, approached me with this deal….and I was extremely hesitant, but it was a 5 year balloon loan and he was only recently in an earnings slump, and some months he would make $30k in one month alone. Coupled with the fact that I was pregnant at the time and hadn’t worked in years, I didn’t feel like I had much choice at the time. The son insisted he would fully pay it back in full.
Fast-forward four years, the loan is due in one year and nothing has been paid toward the note. The son and I have since broken up, I have a piddly job that makes no money, have not received one dime of child support, and the son lives in the Florida Keys in one of his father’s waterfront homes….still unemployed and the father I assume pays for his daily needs in exchange for him doing yardwork, etc.
There is absolutely no way I can pay this debt back, and when it becomes due, next year, if not paid, then it will compound at the maximum lawful rate of interest.
Any way out of this?

