ANSWERS: 6
  • The standard advice in divorce is "get your name off of all loans". Normally that requires the spouse who acquires the property to refinance it so that the other spouse is no longer named. Basically, you're in trouble. You can take the car, and sell it, you can make the payments yourself, or you can somehow persuade him to shape up. It's always a risk to allow the ex to have some loan with your name on it.
  • Thank you. He took the car, wasn't my choice unfortunately. Can I legally take the car back? If so, I will and solve the issue that way. But, don't I need his signature to sell it as well?
  • I think you better make the missing payment and then call the police to report the vehicle "stolen". Once you get the vehicle back, you can see if you need to keep it, sell it or turn it over to the bank for them to auction it off. I guess it's pretty clear now why you are getting a divorce, your spouse is not a person of his word.
  • You need to make that payment to keep your credit in line and repo the car. you can legally do that since your name is on the loan. he is not keeping up with the payments so you have every right to take control of the property.
  • Your first phone call should be to your lawyer. If you don't have one, get one right now.
  • Call the lender, call a lawyer, and take lots of notes. Find out what the lender needs from you for you to either take the vehicle from him, or transfer it to him entirely (leaving him with the debt and taking the load off of you). A lawyer will make sure you are covered legally so that he cannot sue you for taking it or transferring it to him, and after that you just need to decide - take it back or give it to him entirely? I would personally suggest giving it to him. He has it, he got it legally through a settlement I presume, so just take your name off the title and let him deal with it. That's what I would do. Cheers

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy