J
jimi444
Guest
What is the name of your state? Texas
It seems like my problem should have a simple solution, but like most things, I’m sure it does not.
I was married in Dec99 and filed for divorce in May03. The divorce was final in Oct03. Between us, there was no property, no kids. Both of us had our own vehicles. I have a 2002 Toyota RAV4 and my ex wife has a 2003 Toyota Corolla. On her vehicle, I am the primary person on the loan and she is the co-signer. In mediation, we agreed that we would both be responsible for our own vehicles. She got to keep the Toyota Corolla and would be responsible for the payments. She had always made the payments on her own vehicle while we were married.
Here is the question I have. I call to check on the loan status every now and then. She is making late payments and sometimes not paying at all! This is going on my credit report, but I am not going to pay on her vehicle unless I can take it and sell it. I know I should probably go talk to my lawyer at this point, but what should I expect to hear from him?
I feel pretty helpless here. I don’t want to pay on the vehicle while it is in her possession, because she will depend on me to always make the payments, which I cannot do. If I did have the vehicle, I would turn around and sell it. She will not turn the car over to me, and I don’t want to be the bad guy to take that car away from her and leave her without a car. I can tell this is going to take a lot of money to get out of this situation. Please help direct me in what course of action I should take. I don't want a repo on my credit history!
It seems like my problem should have a simple solution, but like most things, I’m sure it does not.
I was married in Dec99 and filed for divorce in May03. The divorce was final in Oct03. Between us, there was no property, no kids. Both of us had our own vehicles. I have a 2002 Toyota RAV4 and my ex wife has a 2003 Toyota Corolla. On her vehicle, I am the primary person on the loan and she is the co-signer. In mediation, we agreed that we would both be responsible for our own vehicles. She got to keep the Toyota Corolla and would be responsible for the payments. She had always made the payments on her own vehicle while we were married.
Here is the question I have. I call to check on the loan status every now and then. She is making late payments and sometimes not paying at all! This is going on my credit report, but I am not going to pay on her vehicle unless I can take it and sell it. I know I should probably go talk to my lawyer at this point, but what should I expect to hear from him?
I feel pretty helpless here. I don’t want to pay on the vehicle while it is in her possession, because she will depend on me to always make the payments, which I cannot do. If I did have the vehicle, I would turn around and sell it. She will not turn the car over to me, and I don’t want to be the bad guy to take that car away from her and leave her without a car. I can tell this is going to take a lot of money to get out of this situation. Please help direct me in what course of action I should take. I don't want a repo on my credit history!