ANSWERS: 2
  • I'm surprised your attorney didn't address this in your divorce decree. I'd contact my lawyer and see what s/he says about it. As far as I know, your ex would have to refinance the vehicle to put it in her own name. As to your credit, contact the three reporting agencies and make sure they are aware of the situation and that you are working to resolve it. Sometimes they can give you some useful advice.
  • Once you have agreed with the loan company to repay or help repay the loan, they will not let you off the hook. You need to contact your divorce lawyer and find out if it was addressed in the settlement. If not, you will want to amend the settlement to relieve you of the joint debt.

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