Engagement Ring bought by Ex

[Vainqi]

My ex-girlfriend bought a 5500.00 engagement ring. She used HER credit to buy it (I am not on the loan contract) and I said I would be more than willing to help her with paying for it. I wanted to at the time to do anything that would make her happy. Two weeks later after that, we had a major falling out.

Now she says I still should pay of it and swears that the courts would rule in her favor cause I said I would help in paying for it. I said well, you give me the ring and then sure I will pay the payments for you however she refuses to give the ring, so I refused to help her at all. I also am unemployed and was on un-employment at the time.

Am I at all responable for paying for this ring, eventhough my name is not any where on the loan contract with the company she purchased it from???

This is in the state of Maryland. She says that under the MD state law that I would be complelely responsable for paying it. However, I think she is saying this to try and scare me.

I don't see how I could even be responable for paying for this ring when I am not even on the loan contract.

But I could be wrong . . . I am not a lawyer.

Thank you for any help!!!

 

[JETX]

Q1) "Am I at all responable for paying for this ring, eventhough my name is not any where on the loan contract with the company she purchased it from???"
A1) 'At all responsible'??. Of course you are. You are obligated both morally and ethically since you made a promise to pay. Does that rise to the level ofr legal obligation?? I don't think so. At the time you made this 'promise', you had every intention of benefiting from the agreement in the form of marriage. Since you no longer receive the 'benefit', you aren't legally obligated to the debt.

Q2) "She says that under the MD state law that I would be complelely responsable for paying it. However, I think she is saying this to try and scare me."
A2) I agree with your opinion. However, since she seems to claim some factual basis, ask her to give you the legal citation or caselaw to support her position. Without it, I would just tell her to sell the ring to pay it off.... or keep the ring and pay it off herself. She can't get the 'double benefit'.

Personally, it sounds like you should be thankful that you had a 'major falling out'. Her true colors are showing....

 

[Vainqi]

More Info

Well, I agree that on a moral standing I do feel I should pay for it. However, I told her that I would be more than willing to pay for the ring as long as I held possession of it and she refused to let me have the ring. Therefore, I said then you pay for it. I am not paying for something that you're going to turn around and pawn. So that is where I stand and she's still say she's taking me to court and that they will rule in her favor.

Thanks for the bit of emotional support about being better off and seeing her true ways. I fully agree.

 

[Vainqi]

The Saga continues:

Vainqi (8:24:25 AM): You are right I might be held responsable..only if you are will to give the ring to me...if not then I will not have to pay a thing...

HER(8:24:48 AM): how in God's name can i trust you
Vainqi (8:25:21 AM): As for Bench Warrents...they are not issued for civil cases..only criminal..

HER (8:26:07 AM): if you are served papers by the sheriff to show for court and don't show its a bench warrant

HER (8:27:15 AM): maybe in va, not md

HER (8:27:43 AM): its called, i'm sueing you

HER (8:29:17 AM): you ruined my credit

HER (8:29:28 AM): and i am protecting myself

Any comments from anyone would be helpfull . . . .

Thanks,

 

[Vainqi]

The Saga

Ok where coming to some sort of agreement with the ring...however what is wrong with this picture:


PROMISSORY NOTE PAYMENTS/SECURED
Promissory Note


LOAN REPAYABLE IN INSTALLMENTS OF PERSONAL PROPERTY


1. For value received, I severally promise to pay to the order of Andrea XXXX XXXXXXl c/o Shaw's Jewelers, 7810 Eastpoint Mall, Baltimore, MD 21224 (account #XXXXXXXXx) the sum of $5,600 (five thousand and six hundred dollars). This money will be paid in installments of $280.00 (two hundred eight dollars per month beginning June 1, 2000 until paid in full. From the date this note was signed until the date it is due or is paid in full, whichever date occurs last.

2. I severally also agree that this note shall be paid in installments, which include principal and interest, of not less than $350.00 per month, due on the first day of each month, until such time as the principal and interest are paid in full.


3. If any installment payment due under this note is not received by the holder within 14 days of its due date, the entire amount of unpaid principal shall become immediately due and payable at the option of the hold without prior notice to the signer(s) of this note.


4. In the event the holder of this note prevail(s) in a lawsuit to collect on it, I agree to pay the holder(s) attorney fees in the amount the court finds to be just and reasonable.


5. I agree that until such time if the principal and interest and monthly payments are not paid on time owed under this note the note shall be secured by the following described agreement:

1 carat diamond (flawless/with papers) engagement ring which the defendant has in his possession; all computer equipment; possession of motorcycle which the defendant received for his birthday.

ME: I don't agree to line 2 at all or really understand it - and the part about my computer equipment and bike...what the hell does that have anything to do with this....

Help please...

 

[stephenk]

What the hell are you doing? Dont sign the agreement.

Shop the ring to different jewelers and see what you can get for it. Then sell the stupid ring and pay off the balance. If any money is left over let her keep it.

If the ring sells for less than what is owed, agree to pay half of the remaining balance.

She is on the purchase agreement and she paid with her own credit. She also has the ring. She didnt have to buy a $5,000 ring. Were you supposed to pay her some money for the ring if you became married??????

Finally, why arent you working? How are you going to pay off this note if you dont have a job?

 

[MSWCCC]

What the hell are you thinking? Do NOT sign that note. SHE bought the ring. Let her take you to court with her name on the contract and her own bills. You just say you offered to "help pay some of it, but how much was never discussed." You will NOT be responsible for the ring. Not unless she gives it to you. If you bought it and broke up, you could actually sue HER for the ring back. But SHE cought it, then broke up. She can have either the ring or the money. And that will probably be your choice. If the judge gives you that decision, let her keep the ring and the debt. But you are not responsible to pay for a ring she is keeping. Most courts do not see an engagement ring as a gift, especially when the buyer is the one wearing it. It's often seen as a contract if sorts. If she's so worried about her credit, let her sell it and pay the debt.