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10-23-2008, 10:02 PM
| | Junior Member | | Join Date: Oct 2008
Posts: 2
| | | wife's exhusband credit affecting us
What is the name of your state (only U.S. law)? Washington MY wife's exhusband had bad credit. She agreed to co sign a loan during the divorce(9 years ago). He has not, and will not refinace the loan. His bad credit is affecting us. What are our options? |
10-24-2008, 10:13 AM
| | Senior Member | | Join Date: Dec 2005
Posts: 21,707
| | Quote:
Originally Posted by ValkyrieBob  What is the name of your state (only U.S. law)? Washington MY wife's exhusband had bad credit. She agreed to co sign a loan during the divorce(9 years ago). He has not, and will not refinace the loan. His bad credit is affecting us. What are our options? | Your wife can pay off the loan. Was the loan handled in the divorce? She could also take him back to court for contempt IF the divorce court made him liable. Other than that this is not his fault any more than it is HER fault as she voluntarily co-signed the loan.
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Parents should remember two things: Love your kids more than you hate your ex (or soon to be ex) and when you have children the relationship with the other parent is until death parts you.
Nothing stated by me should be taken as giving you legal advice or forming an attorney/client relationship. My advice is based on the law and not deemed to necessarily apply to the specifics of your case. The devil is in the details after all. | |
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