Unfortunately, during my fiance's previous marriage, he co-signed on an auto loan for his then-wife. He made every payment on the account for several years, and maintained insurance on it for her. When he left, he continued this for almost a year. He told her she would have to take over, and warned her five or six times over a three month period that the insurance was going to expire and she needed to renew it in her name. Well, she didn't, and then she totaled the car. The car was repossessed and sold.
From what I understand (and I won't go into all the details), I highly doubt they are going to come after my fiance with any gusto. It would basically cost them too much money. However, if we get married, and they then decide to come after him, can they take my income into consideration in settlement proceedings? We do not live in a commonwealth state. I ask because Jay looked into bankrupcy, and the lawyer wanted my income too because we live together. Thanks for your time
2007-05-10
02:54:59
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3 answers
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asked by
Rose
1