and has a clear title(paid for) it is in my husband's name only and it runs very good, the other car is a 2000 and runs well but we just got it 10 mths ago, so it has over 3 yrs til its paid for ($265 payment) its in my husbands name and 1 of MY relatives co-signed for it. My husband has offered to sign over the title to the '94 car to me so that it would be mine with no payments. He wants to keep the 2000 car and make the payments. I really can't afford the payments anyway...but my relative doesn't want to give over the 2000 car, he's worried about HIS credit, he wants my husband to refinance...I feel I don't really have any legal right to either one and should take the '94. And my lawyer said its almost impossible to refinance, even if u have great credit(which my husband doesn't) My question, should my relative have anything to do with how the divorce papers are written up(dealing with the cars) and what would u do? Take the '94 or fight for the 2000?
2006-12-11 10:20:25 · 8 answers · asked by Lisa Bee 3 in Family & Relationships ➔ Marriage & Divorce
You've already answered your own question. "I really can't afford the payments anyway." Whatever happens with the 2000 car is between your soon-to-be ex and the cosigner. Take the '94 and let them sort it out on the 2000.
2006-12-11 10:25:21 · answer #1 · answered by Harley 5 · 2⤊ 0⤋
You should take the better car. If it is the one that has a clear title so be it. Your relative should call the company he co-signed at and explain that you are getting a divorce and he wants to remove his name as a co-signer. If your husband has had the car 10 months and made all of his payments on time he shouldn't have a problem having only his name on the loan.
2006-12-11 23:11:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Have your husband refinance the 2000. That way the relative is happy and you don't have a car payment. Have this stated in the divorce decree. It needs to state that the 2000 must be refinanced withing a certain period of time.
2006-12-11 18:53:14 · answer #3 · answered by physandchemteach 7 · 0⤊ 0⤋
If you can't afford the payments, then take the 94. As for the other vehicle, your husband needs to get your relative's name off the loan. If he can't refinance it, he may just have to sell the car and buy another one. I don't blame your relative for being worried. They have no control, and their credit is on the line.
2006-12-11 18:28:26 · answer #4 · answered by Debbie D 4 · 0⤊ 0⤋
94
2006-12-11 18:25:59 · answer #5 · answered by ? 6 · 0⤊ 0⤋
You might seriously consider taking the 94. Have him sign it over to you, so you can get your name on the title. If your relative is the co signer on the newer one, that is for them to figure out, not you. Get the divorce over with as quickly as possible. Know that his credit history will affect you and vice versa.
2006-12-11 18:28:35 · answer #6 · answered by Alterfemego 7 · 0⤊ 0⤋
Your relatives can only advise you if they are qualified counselor. But divorce decision and process is your responsibility.
2006-12-11 21:51:32 · answer #7 · answered by AH HA 2 · 0⤊ 0⤋
I have no idea.....but it's really sad that a marriage ends and it's now all about cars.
Just pick one.
2006-12-11 18:25:43 · answer #8 · answered by daljack -a girl 7 · 0⤊ 0⤋