Legal Question in Civil Litigation in Texas
I got divorced last December and I gave him the cars, house, and untill this day he has not put them in his name only and he is behind on the morgage 3 mos. What can I do to make me off those loans.
Asked on 1/10/10, 7:57 pm
1 Answer from Attorneys
Keith Engelke
Law Office of S. Keith Engelke
This is a common mistake in divorces.
Even if one party agrees to assume a debt, creditors, since they are not a party to the divorce decree are not obliged to agree to only hold that person responsible for the debt.
If you don't have the assets to pay the loans and he does not or will not, the only other way to remove your from liability on the loans is to obtain a discharge in bankruptcy (assuming you qualify) See a bankruptcy attorney.
Answered on 1/15/10, 8:23 pm