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twilightwisperer

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Loan company will not accept divorce decree as proof that I am no longer liable.
Our house was collateral for a loan. Hubby got the house and all bill/loans associated with the house granted to him in our divorce. Loan company said that we are both responsible divorce or not. How do I get it off my credit, when loan company won't recognize the decree signed by the judge?

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Loan company will not accept divorce...

Divorce does not releive you of debt if your name was on the loan, as either a signer or a co-signer. I had a similiar situation in which I hold a Shell credit card that had both mine and my ex's name on. About a year after we divorced, the ex was filing for bankruptcy and told me that the Shell card was going to be added to the bankruptcy. I was very upset by that, so I called Shell and explained the situation to them and they removed the ex from the account. In your situation, your ex would have to refinance the loan in his/her name so that you are no longer responsible. Hope that helps!

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