Legal Question in Credit and Debt Law in Georgia
We live in GA. My husband who recently accumulated significant hospital bills with an illness, and against my adamant pleadings, signed off our van to TitleMax who agreed and gave him the money he wanted. He spent it on the hospital bills. Now, two days later, they are trying to get my signature because my name is also on the title and they didn't bother to acquire it. I do not agree to it. I feel threatened and I don't want to sign away the title to our vehicle. I don't believe in this kind of dealing and find it should be illegal at best. Do I have a legal leg to stand on in this situation or does my husbands poor life decision and the company's shady dealings dictate my future?
3 Answers from Attorneys
Both. You don't have to sign if you don't want to and your husband's decisions (more than the company's "shady dealings") will dictate your future to some extent. The title lender will certainly make some noise if the money is not paid back soon.
Do not sign! Try to get the sleazy Titlemax folks paid ASAP as their rates are worse than Mafia loan sharks. Frankly you may want to see a bankruptcy lawyer to get out of debt.
I would not sign. The problem is that the title loan place is going to want their money back immediately. Your husband made a real mess of things. Although you might be liable for the medical bills under the necessaries doctrine, you are not similarly liable for the car loan.
Your husband needs to see a bankruptcy attorney. Your husband has made some poor life decisions and bankruptcy may be the only option left.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
