Legal Question in Credit and Debt Law in Minnesota
loan
My ex-husband is in default to a car loan that we took out together when we were married.He has lost the car due to a 3rd dwi offence. He was awarded the car in our divorce( back in 2006 ) but he was unable to refinance the loan in his name only, so my name is still on the loan. Am I responsible for the balance on that vehicle? And how do I clear it off my credit report so I can clear my name
Asked on 2/03/09, 6:04 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: loan
Most likely you are still on the hook. I would want to review your Divorce Judgment and Decree for final analysis. Given the circumstances you may have a good argument for release from loan if properly presented.
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Answered on 2/03/09, 6:14 pm