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I am divorcing. Both cars are in my husbands name. If one of the cars gets repossed will I be responsible for any money owed on it?

2007-01-07 07:59:13 · 4 answers · asked by melodiezzz 1 in Business & Finance Personal Finance

4 answers

No, not if they are in his name.

2007-01-07 08:06:34 · answer #1 · answered by waplambadoobatawhopbamboo 5 · 0 0

How heartbreaking, I'm sorry you're going through this. It sounds like his propensity to acquire debt is a big problem in this picture.

There are several things you need to do to protect your credit for divorce. If you have a mortgage together, be sure the house is sold or refinanced to get your name off of it. Period. You do not want your name on the mortgage after the divorce unless you are going to live in it and will be making the payments.

Any cars, credit cards, etc. that have both of your names on them need to be closed. Since you said both cars are in his name this shouldn't be a problem. Be sure your name is not on the loan though. If it is, you need to insist the car is sold or that he refinances it under his name.

Pull a copy of your credit reports, and be sure everything is cool. You may want to consider putting a 'Fraud Victim Alert' on your credit reports. It's sounds to me like this guy might be willing to sign your name on a new credit card for himself.

2007-01-07 08:19:05 · answer #2 · answered by KC 4 · 0 0

you're one ill human being. You requested a question in the previous saying you claimed HIS little ones as yours basically so that you would possibly want to collect his social safe practices money (which sure, it really is rather unlawful and also you may visit detention center for fraud). No ask your self he had a restraining order on you yet of direction you broke that because it sounds to me like you happened to homicide him or had him murdered. you're heavily a terrible human being and may be sickened by way of your moves! Does his lack of life no longer result you in any respect? His little ones basically lost their father, and also you lost the love of your life and your nerve-racking about the money? Oh wait, you've a boyfriend yet having stated that you're going to probable basically have him killed too. you want significant psychological help! i desire to God you examine lower back over your previous questions and ask your self what the hell you've been questioning. i think terrible that your husband had to attend to you for all of those years because you're of direction only a selfish woman who makes use of all of us achieveable. His kinfolk can take you to court docket so that you received't get a dime from his reductions or his little ones and that i desire to God the kinfolk receives each little thing and also you get no longer some thing. you also wrote this as an answer to someone's question about finding out on the striking better 0.5 : "why project about the middle ever heard of performing you want to imagine whats in it for me." And in yet another question of yours you stated your modern boyfriend is your "meal fee ticket" and also you lie to him about your previous saying your husband become abusive and also you've been molested as a baby. you extremely choose psychological help. You of direction have significant topics and are the definition of a gold digger.

2016-12-28 08:10:31 · answer #3 · answered by dirks 3 · 0 0

No.

2007-01-07 10:43:37 · answer #4 · answered by Anonymous · 0 1

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