Legal Question in Credit and Debt Law in Texas
auto loan
I co-signed on an auto for husband in 99. We divorced
in 2001. I have auto loan w/ same credit union, and
have never been late. Ex-husband is 4 months behind
on his loan and cannot be located. I know divorce
decree doesn't supercede contract, and that I am still
respon., but what are my options since I cannot locate
him. I have been extremely cooperative w/ C.U. in trying
to locate him and now they are threatening ''boldily
attachment'' (said I could go to jail) if truck not returned
for repo. What are my options?
Asked on 3/25/03, 12:54 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: auto loan
Your only option is to make the payments if you can't locate the truck. And tell them that threatening criminal charges to gain a benefit in a civil matter is illegal.
Answered on 3/25/03, 2:08 pm