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Man Who Reportedly Used House As Collateral For Loan Leaves it For Ex-wife to Pay

A Nigerian man said that when he was living in the USA with his wife, he took a loan which he has not repaid at all However, he fell out with his wife and they got divorced, and now, he has returned to Nigeria while she is still there When taking the loan, he used his house in the USA as collateral, and he said the burden is now on his ex-wife’s head, who got the house during the divorce.

A US returnee has shared how he took revenge on his ex-wife after their marriage collapsed and they headed for divorce.

According to the man, he and his wife were living together in USA until their marriage nosedived and the got separated.

But before then, the man said he had taken a loan using his house in the USA as collateral. It was in this house that they lived.

He said after their divorce, he decided to return to Nigeria, but he has not started repaying the loan he took.

According to the man, the burden is now on his ex-wife, noting that the repayment of the loan is starting next year.

He said the house would be repossessed by the bank as it was used as collateral. According to him, during the divorce process, his wife got the house as part of what was given to her.

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