Brooke2396
Junior Member
What is the name of your state? TX
My divorce was final 10/2/06 and the only debt left to my perpetually unemployed ex was his car, and the decree stated he was to refinance the loan into his name within 1 month. He went to try to obtain financing and could not qualify based on his income, so he continued to pay the loan and I remained on it. Things have gone from bad to worse - he went into a tailspin and is currently in rehab, and for the 4th month in a row his payment is late (not 30 days - I won't let my credit be affected, which he knows and is probably why he is not paying). I have the letters and phonecalls from the bank come to me so I can monitor, and long story short, he is now 25 days past due for June, and July's payment is coming up too. Question is this: since he did not take the necessary steps to get the loan out of my name within the 1 month specified, do I have legal rights to have the car taken back into my possession so I can sell it myself? He was given $12,000 from the sale of our house in April, and the last letter I received from the bank stated the auto draft was declined due to insufficient funds.... the only thing he has to pay is a $450 car payment. So I can prove financial irresponsibility if necessary. Anyone know the answer to whether I can legally take the car?
My divorce was final 10/2/06 and the only debt left to my perpetually unemployed ex was his car, and the decree stated he was to refinance the loan into his name within 1 month. He went to try to obtain financing and could not qualify based on his income, so he continued to pay the loan and I remained on it. Things have gone from bad to worse - he went into a tailspin and is currently in rehab, and for the 4th month in a row his payment is late (not 30 days - I won't let my credit be affected, which he knows and is probably why he is not paying). I have the letters and phonecalls from the bank come to me so I can monitor, and long story short, he is now 25 days past due for June, and July's payment is coming up too. Question is this: since he did not take the necessary steps to get the loan out of my name within the 1 month specified, do I have legal rights to have the car taken back into my possession so I can sell it myself? He was given $12,000 from the sale of our house in April, and the last letter I received from the bank stated the auto draft was declined due to insufficient funds.... the only thing he has to pay is a $450 car payment. So I can prove financial irresponsibility if necessary. Anyone know the answer to whether I can legally take the car?
