2007-07-20 07:14:12 · 10 answers · asked by barbiedoll513_03 1 in Cars & Transportation ➔ Other - Cars & Transportation
Really, your stuck. The only way to get your name off is for your ex to refinance the vehicle only in his name. A loan document is an agreement. You cann't just remove your name from it after the agreement was made.
The only way to get your name off the paper work now is to have the ex refinance the vehicle only in his name. (Or only in your name if you want to take over the car)
If he decides he doesn't care about his credit rating, he could theortically stop paying and destroy your credit too.
2007-07-20 07:19:51 · answer #1 · answered by hsueh010 7 · 0⤊ 0⤋
1
2016-09-26 21:09:13 · answer #2 · answered by Lenora 3 · 0⤊ 0⤋
I had to do this when I divorced and got the car in the settlement. I had to refinance the loan to get my ex's name off of it. I couldn't get his name off of the title until I paid the loan off. When the loan was paid, I went to the Bureau of Motor Vehicles, and they took his name off the title.
2007-07-20 07:28:41 · answer #3 · answered by michele4rls 2 · 0⤊ 0⤋
Kiffin is right. Unless your ex has good enough credit and can take over the loan himself or unless the finance company allows him to take the loan himself and you sign papers with the finance company saying so, you are on the hook if he defaults. It took me thousands of dollars in atty fees to get my ex to take her payment and essentially she had to get another co-signer, her parents. Anything your ex does while you are a cosigner to this car will reflect on your credit rating.
2007-07-20 10:09:44 · answer #4 · answered by junkyarddogfan 6 · 0⤊ 0⤋
I AM MR PETERSON,A PRIVATE LOAN LENDER RESIDENT IN THE USA.WITH OVER 7YRS OF EXPERIENCE.I GRANT GENUINE LOANS TO PEOPLE OF DIFFERENT FINANCIAL BACK GROUNDS,AND FOR DIFFERENT PURPOSES.AT A MODEST RATE.DO CONTACT ME IF INTERESTED VIA peterson.loaninvestment@yahoo.com.for more information.Services Rendered include;
*Refinance
*Home Improvement
*Auto Loans
*Debt Consolidation
*Line of Credit
*Second Mortgage
*Business Loans
*Personal Loans
*International Loans
2007-07-20 07:23:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Basically, you need the name of a good attorney. If your ex-fiancee defaults on the loan, it will be upon you to make the payments. If you fail to do so, it will reflect on your credit rating as well. Good luck!
2007-07-20 07:19:18 · answer #6 · answered by Kiffin # 1 6 · 0⤊ 0⤋
Refinance the car in your name only - you may have to get permission from the ex. Then sell the car. That will teach him.
2007-07-20 07:23:05 · answer #7 · answered by Craig A 1 · 0⤊ 0⤋
Verification that your ex can carry the loan under their name alone.
2007-07-20 07:19:28 · answer #8 · answered by badbill1941 6 · 0⤊ 0⤋
I'm pretty sure you're stuck. Unless your fiance can refinance the vehicle in his own name, and hopefully he can now qualify on his own...
2007-07-20 07:22:12 · answer #9 · answered by Web G 3 · 0⤊ 0⤋
refinance with his name out of the picture by the way are you looking for a new hubby?
2007-07-20 07:19:59 · answer #10 · answered by Anonymous · 0⤊ 0⤋