Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Auto Loans
Profile Image

Question By
snimmy

0 Contributions
0 People Helped
divorce/car loan
my soon to be x husband and i have a car loan i was awarded car in divorce he makes payments which he says he wont any more if he stops my credit will be effected is there anything i can do besides pay off car .i cant afford that. i pay ins. on car and he wont sign papers for me to register it so its sitting in my driveway and has been since dec.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
39 Contributions
64 People Helped
Most Helpful Response

Helpful to 1 out of 2 people

First let me say I am sorry to hear about your divorce. Under the circumstances I would contact he bank and explain to them what is happening. The bank needs to know that you are cooperative during these difficult times. If you can't afford the car, then you must try to sell it. Easier said than done, but clean it up nicely and take it to perhaps Carmax, they give free estimates as to what your car is worth and will buy it. Hopefully it will be enough to payoff the car. If not, you may be forced to pay he difference. Sadly, many people get their cars repoed due to a divorce, if its a joint loan it will affect your ex as well. Good luck.

1 Contribution
0 People Helped

divorce/car

Sorry to hear that. I left my husband of 8 years. Mine was a DV issue. I already had the car in my name and he was the COSIGNER. I left to my homestate, went to get car registered here(in home state) I had to pay out the nose to get all in my name. I was lucky the title had Mrs so and so OR mr so and so. Who has the title? If you were awarded this car you should  have the title. 

You may have to refinance this car.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.