A friend of mine's husband just walked out on her. Turns out he has a girlfriend and had decided to move in with her into her new home.
Question - what should my friend do now to protect herself?
Looks like her husband is pretty set on moving on with his life and right now is being pretty agreeable. He's offered to let her stay in the house, in return, he is keeping the car. Both of these items are in both of their names, plus the mortgage, the car loan, the ownership, the insurance - are all in both names.
What things should she take care of? He's offered to take his name off their house ownership - is that a good idea? Does it make any difference? But, he can't take her name off the car lease, because it would incurr a fee and he'd have to refinance...It ends in 2012
Any other suggestions? Can she change the locks? What about joint bank accounts? joint credit cards?
Please reply with any tips/experience you have in this situation.
Question - what should my friend do now to protect herself?
Looks like her husband is pretty set on moving on with his life and right now is being pretty agreeable. He's offered to let her stay in the house, in return, he is keeping the car. Both of these items are in both of their names, plus the mortgage, the car loan, the ownership, the insurance - are all in both names.
What things should she take care of? He's offered to take his name off their house ownership - is that a good idea? Does it make any difference? But, he can't take her name off the car lease, because it would incurr a fee and he'd have to refinance...It ends in 2012
Any other suggestions? Can she change the locks? What about joint bank accounts? joint credit cards?
Please reply with any tips/experience you have in this situation.
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