What is the name of your state? Texas
The bottom line question is it worth my while to seek professional advice?
My ex-fiancee and I were in an on again, off again relationship for the last 2 and 1/2 years. He makes close to $100,000 per year in the offshore oil industry, I make $50,000 per year in the travel industry. Myself, always the optimist, purchased a truck in my name in June 2005 for him, because his credit could not handle that commitment, (his score was somewhere in the 600's at that time, mine in the 800's). The reason, albeit ignorant "looking towards our future", for me commiting to this obligation was to lower our overall monthly bills from $1600 a month in vehicle payments, both in his name, to $944 a month. Relieving us on a monthly basis of $600.00 per month rolling in both his upside down payments. Not to mention to do this I had to write another check for $10,000 down for me to qualify to purchase this truck. We split up in February for a variety of reasons to include alcoholism (of both parties, but he would say just mine), his mother moving in, and his desire to overspend. The truck is in my name solely, worth only 33,000 trade-in, though I owe 46,500 on it. I have no proof other than that he has maintained the vehicle payments and kept up the insurance, other than the original documentation showing the upside down vehicles that we rolled together.
When I moved out of his home in February, thinking it would be an amicable breakup I left many possessions behind including a refrigerator, lawnmower, etc; that though I have no use for but may afford me an extra $200.00 or so towards my debt. He has decided (I'm sure with the help of his mother) to relinquish the truck to me so that I will stop "harrassing" him. This leaves me with a vehicle that is upside down by $15,000. Is there any judge in the state of Texas, who would see through his accusations and award me a lien against his home in the amount of money that I fronted and is owed upon the truck or should I just swallow the additional loss and avoid lawyer costs, court costs and the emotional turmoil from playing this out?