If she didn't sign it either her name was never on the primary residence or he committed fraud and signed her name

They have marriage issues, the money issue is just the symptom.

I remember when my wife signed my name to buy a $1000 vacuum cleaner on credit. I told her she do that again, she can go live with her mom.

This happened to me with my first husband, he ordered numerous credit cards maxed them out then walked out on me and left me with a 4 year old and 1 year old. The smartest thing you can do is marry correctly. 😅 I wised up and married correctly the 2nd time and we are debt free and living well.

When you realize in real time that someone’s spouse committed fraud in their spouse’s name yet the spouse who is the victim still has no idea 😬😳😬

If he doesn't care about your feelings, he is not the nicest person in the world.

Dave isn’t dumb you can’t hide things from Dave 🤣🤣

My wife is my co-pilot. She stops me from my impulsive bad decision. ❤

To be fair to her, my ex-spouse seemed to have no problem taking on debt without me even knowing and signing my name on the documents, which I understand is forgery. This is likely a real problem for a number of people, not just this caller.

A marriage needs to be a team!

When Dave paused and said "Okay". That was hilarious. Best way is just to accept it and move on. It's set in stone now.

Women, whether you work inside or outside the home (or both), ALWAYS be involved in the family financial planning and budgeting. If your sweetie passes you're gonna be SOL if you have no idea what's going on. This is a joint responsibility to each other and to the health of the relationship and your guys' future.

Indiana does not have spousal requirements for mortgage loans like most states do. It is quite possible and legal for him to get the HELOC without her as long as the house is titled only in his name. This is why you should always have your name on the title of the home you live in.

Dave's OK made it super awkward 😅

Divorce lawyer chiming in here. Spouses do forge signatures. It happens more frequently than you might think. Or they get a signature while wife is changing a diaper or rushing out the door to pick up kids or similarly calculated timing situation and do not disclose what it is really for or mislead about the true extent of the debt that it is going to result in. Or, as in the case of these HELOC loans - wife has no idea how big that debt might get or what it might put at risk. Here in Texas spouses are fiduciaries. And what this guy did by getting her signature one way or another without full and complete disclosure and continued updating of the disclosure of what is going on - you have potential fraud. This is Financial Infidelity. #2 cause of divorce. Financial Infidelity. I love what Dave says about spouses making decisions to together and discussing and disclosing finances together. It’s not only good financial advice, good relationship advice, it’s consistent with the fact that spouses are fiduciaries (at least in Texas). I tell clients to follow that all the time to avoid the #2 cause of divorce.

Its true what Dave Ramsey said you cant even sell your home 🏠 without your spouse's permission dead or alive.....my Dad was selling his home with new wife after my Mom passed away 38 years ago (my mom & dad was on deed) & I had to get my mom's death certificate to prove my dad was not trying to sell their home without her knowledge ....Momma was still ruling from heaven 😊😊😊

She is fuzzy and Hubby keeps it that way

This woman has had ZERO FREAKING CLUE what’s been going on for the last 15 years and now she’s about fourteen seconds into attending Dave Ramsey stuff and she’s all hopped up on it and worked up but hasn’t actually learned anything about the financial situation yet. She has no idea what’s happened when or what’s where.

There's worse things then being single and this is one of them

"You signed the heloc" "No i didnt" "Yes you did" "No I didnt" ".....okay..."

This woman sounds like she has no idea what is going on in her life

So it’s been 15 years??? Why haven’t they solved this issue yet?

She has absolutely no idea what's going on with her husband's money.

Dave says, "Why did you get into this?" I don't think Dave understands that many women find themselves in similar situations. Many times men do what exactly they want in spite of the wife saying I don't think this is a good idea." My husband took an early retirement at age 55 when I knew it was a HUGE mistake. He said "Ive worked 32 years and I am done." We did not have the suitable retirement savings yet, (second marriage loss of assets) he had not yet earned the required 40 credits and even our meger costs of living rurally left us short. Because my husband is bad with finances, I manage the money, pay the bills and make most of the financial decisions. We do sit down once a month to reconcile our bills/finances so I KNEW it was a huge mistake. He would not listen to me and did exactly what he wanted. After 4-5 years we could not make it on the meager retirement income we had coming in. Then we had an UNEXPECTED $10,000 assessment for a county drain extension (we lived rurally without curbs and gutters and had high ground water flooding) We did not have $10,000 in cash for this assessment and I did not want to wait until we went to sell because I knew 1) This was being heavily taxed and 2) The amount owed would decrease our selling amount and leave us with not enough to go forwards to buy another home. So, we both went back to work. We both came out of retirement. This was 2008 during the big depression and no one was hiring. We both took two part time $10.00 an hour jobs and it took us over three years to earn the $10,000 we needed to pay off this assessment. The long story sort here, is than many men are stubborn and insistent and do exactly what they want in spite of their wives' reservations. I totally feel for this woman.

Financial infidelity is just as bad as cheating. Period.

Dave's advice is spot on. Oh and I love how she comes to his defense for the stupidity...and did this guy forged her signature? Something is fishy here...either she is lying or her husband fudged the paperwork...and if that's the case than he isn't exactly what I'd call "trustworthy".

Yea people forge signatures all the time. Its quite possible she didn't sign.

It's true in North Carolina that a spouse has to sign for any real estate transaction that is marital property. I wish Dave had encouraged her to look for the HELOC papers or go to the bank and ask them for a copy so she can verify the signature. She can then show it to her husband and just let him talk.

There are too many red flags on this one. Too many things just aren't connecting on the story for anyone to give advice on the subject.

Dude took a HELOC to gamble!

Man Dave’s been on a tear lately 😂😂

The house could be in the husband's name, or his before marriage. Let me get this straight, she's only upset now that the dividends have dried up. The husband doesn't spend money on himself according to her, so who was on the spending spree while the money was pouring in?

Emotional damage!

Is it possible that her name is not on the deed to the house? Would that make it easier for him to take a home equity loan on the house without her consent?

"This guy needs to stop re paying off his home" that's sounds better😂😂😂

My father in law had a gambling problem and took out a line of credit at the bank with out my mil signature. She had to do things to protect herself financially. Not sure what she did. They are both deceased now but I know there are ways they can do this. I remember once he took the grandsons to Los Vegas and the grandsons hid his gambling money. He was soo mad.

Watching this video from the UK. It was proceeded by a credit card ad!

He has 75000 shares,he's making 600 a month with dividends they can pay this off

I know of a case (not mine) where the wife had poor credit so the husband left her name off of the mortgage.

Never leverage your home~Dave Ramsey

If her name is on the deed of the house then either he signed her name and committed fraud or (the more likely answer) she signed it and doesn’t remember. Would love to hear his side on the call.

Correct me if I’m wrong, but if he owned house before they got together, he can do a heloc without her signature. I don’t think she was asked if she was on the original loan or title.

It seems that they aren't on the same page on debt. He doesn't care about carrying debt and she does, and that's just a lack of unity and shared direction.

If her name isn’t on the deed and loan they would not require her to sign the heloc. Seems disingenuous to present it to this woman that her husband likely defrauded her 15 years ago for something she clearly has been aware of before during and after it happened.

Dump the husband.

To man people think nice is good, just because your husband is sweet and caring in appearance it does not mean that is who he really is.

HELOC you can definitely get without the other spouses signature. They just show the deed and it can be done with one of the property owners.

Dave's wrong on heloc. Ours is paid off now, but ours was only in my husband's name because i didn't want it. It's definitely possible to get a helpc with only one of parties on the deed.

It is VERY hard for a wife to refuse signing for such things, even when they don't agree.

If she is not on the deed of the home, she would not have to sign for the Heloc.

Did she say her husband makes $10k a month? If so, something is seriously missing from this story. My wife and I are easily paying for our $200k house, and we only make $6k a month together.

It’s sounds like she didn’t have a problem when the initial proceeds paid off the house…….🤷🏾‍♂️🤷🏾‍♂️🤷🏾‍♂️🤷🏾‍♂️

Sounds like the husband does not respect her opinions.

Dave… depends on the state. Virginia is NOT a marital state, so spouse who isn’t on title won’t sign. In WV non titled spouse will sign.

She needs to own her part of the situation Girl bye, you signed the papers.

If you signed it without understanding it, that's partially on you. "I didn't know that" does not excuse responsibility. If you did not sign it, then he committed fraud and you have a bigger problem on your hands.

My spouse’s dad is a gambling addict. Dad didn’t pay taxes and lost everything during retirement to the IRS. I don’t know how his wife stayed with him. I wouldn’t have. She died this year and we refuse to give him money. Awful man. So dishonest.

No accountability.

Geezus can they turn off the water works for two seconds?

The house may only be in his name! She better get to fact finding, quick.

Lmao! She said "No I didn't sign it" Dave: Yeah, you did.

I want to hear his side too. Dont listen to what she says only what she does.

Sounds like the lady isn't on the mortgage.

She said that their house was paid off before they did this HELOC. But then they received a bunch of money and, as she said, they paid off their house. So what came first? Sounds like the HELOC was there before the house was paid off and that's not what she said in the beginning. Sounds like maybe she needs to put pen to paper and sit down with this guy and figure out just where the hell everything is going.

She may not understand what actually happened, but wouldn't she have to show identification at the time of signing?

Lenders can require the spouse to sign, but they don’t have to.

I don't really care what the details are, they have a marriage problem here not a money problem. We're only hearing her side of the story but clearly they are both very upset and not able to talk about the problem. They likely need to go to marriage counseling at this point.

My mother used to say whatever you want and it meant well dare u ...and in northern irelandvlong way from u dave

So none of these documents need to be notarized?..I don't understand..something is missing ..🤔

Mayhbe she didnt sign anyhting but the house is only in his name...

Doesn't even ask anything about said company 🙄 😒

I consider myself a risky investor.. in a million years, I would NEVER leverage my HOME for ANY investment... that's just plain stupid!

Let me get this straight…HE PAID OFF THE HOUSE WITH MONEY FROM SALE OF HIS FAMILY BUSINESS. Then he decides he wants to pull that money(HELOC) out because of some dividend opportunities which isn’t working out. He’s currently earning 10k per month. I’m assuming she stays at home. She had no problem when things were going well. Now she’s calling some other man (Dave) to talk down on her own husband. What a fair weather wife! This man is taking risk to advance his family. She loves the lifestyle he’s providing, not the man! SHAME ON HER!

Ummm she signed the papers. A notary watched her sign it.

So the house was paid off. He took a loan on the house, without her knowing? Then he got money after the business was sold. Then paid off the house. If she said he paid off the house, how to the still owe on it? Something is not adding up.

Maybe Jade can provide more info without referring directly to this couple, but in a "hypothetical" situation. I sure there is information as to "who name was on the deed. And if she sign the document." Hypothetically of course. I am also wondering if the couple is actually been married for 15 years? They have such young children for being together for 15 years. Just curious.

just wondering if she didn't sign the heloc because she's not on the title of the home? would that make a difference regarding her saying she didn't sign it?

Wow…what a can of worms! There’s something amiss…something not adding up in this scenario.

“hes the nicest guy in the world” um no hes not

The mortgage is probably in his name and she likely smiled and went along with that as well.

She sounds confused about whether she signed a legal document or not 15 years ago. It’s weird.Her husband sounds like he does not care about how she feels. Or the house they live in together.They need marriage help.

Are we just going to ignore the fact he made a million off this HELOC? She said he paid off the house and then reinvested $500k. Wonder what the balance on the mortgage was? This sounds like a win overall.

Where is the "start driving for uber or doordash?" If a guy called they'd be telling him to suck it up and start working side jobs.

Wait a minute....he paid off the primary mortgage with proceeds from the investment?

Where is JD to give input into this situation?

Man, I would never take money out of my house like that. Maybe for an upgrade to the house. Even then you have to be careful.

😢 my note to her is also please consider your children because I'm on this child I'm an adult now but I'm the daughter of a man who did this very thing it hurt her husband sound like you did and now both of my parents have deceased and I'm faced with a situation of the reverse mortgage and worried that I'll lose the family home so it doesn't just affect the people who signed the paper can affect future people who aren't even I didn't even know my dad had done this until way too late and now my mother of course has died recently and you know so it affect future Generations not just you know

In spirit, emotionally they are not married.

She wouldn't have needed to sign if she wasn't on the deed/title and him as the only earner in the house would have qualified for the HELOC on his own also.. not the right way to do things in a marriage but it can happen and DR probably shouldn't have been so incredulous about it

The pause Ramsey had, as he tries to realize the husband committed fraud and its out of his wheelhouse. I am surprised Ramsey was so surprised. My grandma once sold my car; and I never signed personally. Pretty sure she or my dad sold

Im confused, he invested, made money, paid off the house, then took a HELOC? How much is their investment worth?

Is her name even the house?

15 unless its been an ongoing issue as she agreed. She doesnt have to. She didnt sign therfore shes not responsible

Crazy

Oh boy!!!!!!!

Did we just here Dave say.. “we argue until I’m right?” That’s been abusive according to what he has said in his previous videos

Wow, I hope this lady convinces hubby to sell and then pay off the house. Once that's done, it's time to find a good divorce attorney. He totally doesn't respect her input or feelings. If my husband ever signed my name to something without my consent or knowledge, it's a breach of trust, and that's the END. I would take him for every cent.

Offering 'advice' when the details of the situation (house value, other assets eg. retirement fund, value of the company shares etc) are not provided seems inappropriate. Probably why Ramsey is a 'financial coach' and not a licensed financial adviser.

She calling for permission for divorce. No accountability. She there for the good times first stumble they get going absolutely zero accountability. Ringing endorsement for marriage.

I think there’s a lot missing here. a lot of Monday morning quarterbacking.