Do NOT sign a thing....... He is leaving YOU wide open for law suits down the road..... If your name is on the loan that means you are liable for paying for it, and that 450 $ will NOT pay for the loan and leave enough to live or help live on..... I suggest strongly that you see and speak to a lawyer, and fast, making sure you keep the truck, or that you name is taken off the loan and he is made responsible for the note...... again do NOT sign that paper....... once you do, it could be held up in court.......also make sure he does NOT get out of the house with any credit cards with YOUR name on them, you will be held liable for them too...... and a good lawyer will tell you to put a notice in the local papers saying you wiill not be held responsible or accountable for any debts made by your husband starting from what ever date he leaves you........ make sure you tell lawyer about ALL the debts , cards, loans, accounts you may have at any and all stores.......... leave nothing to chance....... God bless
2007-02-11 16:58:41
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answer #1
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answered by Annie 7
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You need to renegotiate with him. He is getting out too easy on that truck. Do not go to an attorney, work it out between the two of you. For the price you two will be paying to the two attorneys you would be able to buy the truck twice.
First of all you were married 7 years... if you make it to 9, as a wife you will be better off legally. My suggestion is agree on a separation between the two of you for the next two years. This will also give him time to pay the truck off. He may have to make additional payments. (his problem) Do not keep your name on the truck or get the divorse until this truck is payed for/refinanced in his name only.
You were married for 7 years, you get 7 years alemony. Say ok to the $450/month (I assume you didn't mean $450/year) but increased with the cost of living per year (which is been around 2-3% during the last few years)
It sounds like there is no house/ keep all the household pocessions (give him anything you really don't want) and you keep all gifts that came from your side of the family and friends and the same for the gifts from his family.
There is no reason that two people that once loved each other to not be able to negotiate a settlement. You really think an attorney gives a hoot about you? They only want to walk away with more than you get. Treat this as a business deal, don't get greedy, just be fair and everything will be fine. Good Luck to you on your new improved life.
2007-02-11 17:17:14
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answer #2
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answered by lily 6
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Katie, NEVER, NEVER, NEVER co-sign on anything, for your sainted mother, your beloved boyfriend or your children. NEVER. If you haven't done it yet, don't. If you have already co-signed, insist on keeping the truck and let him find his own transportation. How did he lose his credit standing? What's going to happen to your credit rating if ye doesn't make the payments on the truck? then you have to make them and you won't have the truck. How is he going to pay you $450 per month? Are there any children. If there are no kids, maybe you're better off without him, even if it means giving up spousal support...and let him pay the $450 for the truck. And don't sign a thing that has an impact on your legal rights unless you're an attorney...or you talk with an attorney. You're not stupid.
2007-02-11 16:53:22
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answer #3
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answered by judgebill 7
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One thing you should never, ever do is to sign something blindly! I would recommend having a lawyer review his requests with you. If money is an issue, then I suggest legal aid. Your name should be removed from that loan or you should reposess his truck. Why give you 450$/month when he could get another vehicle? If he has bad credit, no credit, that is his issue and no longer your responsibility. I'm sure you will make the best decision that suits "YOU" and I stress "YOU" as you should always look out for number one! Yes! That's YOU, number 1! Good luck.
2007-02-11 16:58:35
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answer #4
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answered by Anonymous
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If he wants a divorce do not sign anything.. even if he does have bad credit.. next he will take off with the truck and you will be stuck with the payments. Regarding his 'agreement'.. is he a lawyer.. no.. well DO NOT sign anything without seeking legal advice first... he is just trying to get away with paying you almost nothing..
2007-02-11 17:15:56
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answer #5
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answered by Angel 6
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You would be a complete idiot to sign that, see a lawyer.
He's raking you over the coals with that agreement and believe me he knows that when you go through a lawyer you'll likely get half of everything and that includes any money Mr. Worthless made during your marriage. The lawyer will make sure he doesn't pull anything underhanded and it's in the best interest of a lawyer to get you the best 'deal' the lawyer gets a better fee. Most lawyers offer a FREE consult by phone-look one up NOW.
2007-02-11 16:50:18
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answer #6
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answered by What_Ever 2
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Sweetie I am in the midst of divorce as well...and although I don;t have many assets to split with my husband...I am seeking legal help. I think you should do the same, later on down the line you don;t want this to screw you...because if you sign an agreement a judge will throw your case out if something was in small print that you didn;t acknowledge before...so go with the lawyer.
2007-02-11 16:56:55
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answer #7
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answered by Asesina 1
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No Way! He wants you to co-sign- He has bad credit. Believe me - you will be paying for the truck yourself in a few months.And he will be driving it. I think if your husband wants a divorce - sever all ties- and don't co- sign. $450. a month doesn't sound like much- but I don't know where you live and what you do.
2007-02-11 17:06:08
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answer #8
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answered by weswe 5
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DON'T YOU DARE SIGN THAT PAPER !!! Re read what you typed, you mean to tell me you are willing to let him keep the truck in your name which means you are responsible for the insurance and everything else. You are willing to accept $450 ? F**k him and his credit make him refinance that truck and take your name off of it. Take that ridiculous paper to a lawyer he is trying to get off financially easy. What the hell are you thinking by considering this ?
2007-02-11 16:50:21
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answer #9
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answered by Anonymous
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No I would seek a professional. A layer is meant to hel pyou and your interests. In my opinion, he is wanting to take you for all he can. I would be getting out of the car thing fact. A laywer would suggest it too....I am sorry that your marriage di not work out. BUt from the way this sounds, he is jsut wanting his own thing and screwing you in the process when it comes to the truck issue. I worked in banking for many years and I have seen it too many times where the soon to be ex or ex spouse was getting shafted by the banks or finance comapny jsut for being on the paperwork and they can do that.
Please seek a layers help and have him/her arrange an agreement that will keep your name and credit out of future things after the divorce. Good Luck to you.
2007-02-11 16:50:33
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answer #10
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answered by Krystal L 1
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