Home Equity Loan - Risk?

If you both are on the equity line of credit then you both are liable, so if he doesn't pay it back, then YOU will have to pay it back or risk losing your home. However, if you have 100% equity you ought to be able to sell your home, pay off the loan, and take the remainder to buy a smaller home. If you are going to continue living apart you may well end up doing this anyway. How did he get a loan for more than he can afford, though? Did he lie to them about his expenses or income? If so, you can threaten to narc on him for fraud if he doesn't just pay for it himself. This of course virtually guarantees that you won't be reconciling, but considering what he did, that's probably a good thing.