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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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Old 11-23-2016, 10:33 PM
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I need to have my ex wifes name removed from a joint loan that we have.. I cannot qualify to do this! Even with a cosigner... How will tho be handle in regards to our divorce? Can I keep the loan as is for the duration of the loan? Looking for options.
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Old 11-23-2016, 10:43 PM
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what is the loan for? Auto... debt consolidation?
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Old 11-23-2016, 10:45 PM
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trailer loan
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Old 11-23-2016, 10:56 PM
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Quote:
Originally Posted by 38deruiter View Post
trailer loan
sell the toy(s) and pay off the loan?
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Old 11-23-2016, 11:07 PM
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toys are not worth the enough to cover it
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Old 11-24-2016, 10:50 AM
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Quote:
Originally Posted by 38deruiter View Post
toys are not worth the enough to cover it
So you sell off the trailer and then maybe you will qualify. Debt consolidation or something would help as well, but if you cannot afford the full loan, the smart thing to do is sell and pay off what you can.
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Old 11-24-2016, 11:03 AM
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The lending institution has no incentive to take your ex off the loan.

Sell the trailer, and then sell other assets to pay off the debt.
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