My present partner heard this week from his ex-wife that the bank is going to raise the amount of her loan payments for her car. He is a co-signer on the loan from before their separation, but when she left, she wanted to keep the vehicle. However, she has missed payments over the years, which leads the bank to calling my partner, who makes the payment in order to save his credit rating. Now she's saying that she can't make the large payments for the vehicle, which is worth less than a third of what is remaining on the loan. That leaves it up to him/us to pay. And because of her missing payments, the bank is not interested in giving her a break.
What are our options here?
What are our options here?
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