How are car loans handled in divorce?
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How are car loans handled in divorce?
When going through a divorce, some states may award you funds to pay off the remaining amount of your auto loan. Review your divorce decree to see if it contains a Hold Harmless Clause. This is when the law requires you to hold your former spouse harmless on any remaining joint vehicle debt.
What happens to your debt when you get divorced?
The person who borrowed the money is the person responsible for paying the debt. Even if the debt is under one spouse’s name, but the other spouse spent the funds, it doesn’t matter to the creditor. If debt payments continue to be paid following the divorce, then the debt won’t be an issue.
Can your spouse throw your stuff out?
To answer your question, whether you are living in an equitable distribution state or community property, your spouse should not intimidate or threaten you that he will throw your belongings outside. Generally, it is not legally permitted to throw a partners’ property outside.
What are my rights if my husband moves out?
When the individual leaves the marital home, he or she will expect a right to privacy. The same is true of the spouse that remains in the marital home. Once the individual leaves, he or she may not have a legal right to access the property if there was no upkeep or monetary payments provided for mortgage or rent.
