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Mutual assets seperated by divorce
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Topic: Mutual assets seperated by divorce (Read 2811 times)
Gaeap
Sr. Member
Posts: 283
Mutual assets seperated by divorce
«
on:
May 16, 2006, 02:43:41 PM »
My ex retained a vehicle that we had financed togeather and agreed to make the payments. Well to say the least he isn't making the payments and they are now coming after me. I'm sick of having to take his freaking debt collector calls. What can i do to get my name off of the agreement or am I at the mercy of the ex?
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---Don't think of it as getting hot flashes. Think of it as your inner child playing with matches.
livealittle
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Re: Mutual assets seperated by divorce
«
Reply #1 on:
May 16, 2006, 03:12:35 PM »
BTDT. You will either have to get it refinanced in your name only, get him to refinance it in his name only, or pay for it. Legally, if you signed on the finance papers, you are just as liable as him. The finance company also will not care what your divorce decree says, it can say he has to pay for it or he has to get it financed in his name all day long, but until he does, if you are on there, you are also liable.
my suggestion for you
1 - call your attorney and see if you can get "custody" of the car
2 - call the creditor and tell them you understand that because you co-signed the papers you are legally liable, and that when you guys divorced, he was to make the payments? get it refinanced in his name? whatever it said.
3 - start looking at budgeting for that payment or rearranging something in order to be able to perserve your credit rating and protect yourself.
When you call, have pen and paper in hand and write down the time and date of the call, whom you speak to and ask for their ID number so that if you need to call back you can say to whom you spoke. When you call the finance company find out what your options are legally and remember - they don't care about you or your situation. His/her job is just to get money from anybody on the note to pay the obligation. If they can get you upset and you just pay it to get them off your case, then they will do it. Just stay calm and talk nice and smile while you do it.
take your anger and the energy it gives you and channel it into taking care of business.
My x didn't pay for anything after I left and not much before I left. BTDT and I still get occassional calls from people he has written checks to off of our closed joint checking account (judge awarded it to me and I closed it that day in 2005 and he still uses it.) But, they can't really do anything to me. so....don't get so upset that you start to cry and all.....just channel that anger that he is not doing what he should and use it to take care of you.
good luck hon.
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