I AM NOT ON THE CAR LOAN.
but since we are married, will they come after ME and put the repo on MY credit as well?
2007-02-08 03:15:57 · 8 answers · asked by Randy 1 in Business & Finance ➔ Credit
It depends on which state you live in. Some states have community property laws which means even if you are not on the contract because you are married you are still liable for the debt owed.
2007-02-08 03:26:39 · answer #1 · answered by kellysue17 2 · 1⤊ 0⤋
She is in contempt of courtroom for no longer making the charge. you are able to take her to courtroom your self without hiring a lawyer. Its extremely basic to practice she isn't making the funds. that could want to be your maximum perfect direction on the prompt. otherwise, you possibility also being in contempt of courtroom by potential of paying the business organization without delay. Banks also do no longer care in any respect about divorce settlements. therefore in the adventure that they get a million/2 funds from you, it continues to be no longer the completed volume and they are going to come after both one of you for something, no longer basically her. no matter if it really is repoed and a joint loan, it impacts both one of your credit comments. If he truly does no longer pick it repoed, he desires to pay the completed volume quite than reckoning on her. specifically b/c it sounds as in spite of the undeniable fact that his time is restricted in the adventure that they are already threatening repossession. IMHO, i might want to pass with what somebody else reported, decrease the losses and allow it pass if he's not the single in possession of the motorized vehicle.
2016-10-17 06:02:20 · answer #2 · answered by branaugh 4 · 0⤊ 0⤋
Not unless you live in a community property state. Then they could come after you for the debt, but it will not show on your credit report.
2007-02-08 03:46:14 · answer #3 · answered by ? 7 · 0⤊ 0⤋
That can not be done. If it is, call the credit reporting agency and tell them you never had this loan. The loan people are required to prove that you did, or it is removed.
2007-02-08 04:31:22 · answer #4 · answered by whatevit 5 · 0⤊ 0⤋
Nope. Only the person on the loan gets the bomb on their credit report.
2007-02-08 03:23:39 · answer #5 · answered by clever nickname 6 · 0⤊ 0⤋
If the loan only has her name on it,then it will only affect her credit rating.
2007-02-08 03:52:58 · answer #6 · answered by Big Bear 7 · 0⤊ 0⤋
They can't, if you have not signed as a signer or cosigner on the loan or otherwise assumed the debt.
2007-02-08 03:20:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
no only her
2007-02-08 03:18:29 · answer #8 · answered by links305 5 · 0⤊ 0⤋