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  1. #1
    Join Date
    Apr 2015
    Location
    Boise, Idaho, United States
    Posts
    1

    Default Cosigned for Spouse's Car Loan Before Divorce, She Defaulted

    My question involves a consumer law issue in the State of: Idaho. Around 2008-2009 I got married and cosigned a car for my wife. Now being that she was in the army she was leaving with the car. Later on after a month she told me that she had returned the car and everything was taken care of since I was concerned being a cosigner. At the time I believed her and never thought about it for a second. In August of 2014 our divorce was finalized and in the document of our divorce we agreed that what was under her name as debt was going to be hers and what was under mine name would be my mine. In January of 2015 I finaly got a notice from the loan company stating that I am now responsible for loan amount of $5000. During the conversations that I had with my ex wife she stater that the original car that I cosigned was claimed under her bankruptcy. I have never been notified by the loan company that she defaulted on the loan. I don't know what to do or what my rights are in the matter but any help would be greatly be appreciated

  2. #2
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Cosigner and Car Loan

    Your rights are to pay the lender as you agreed to do. Nothing with your divorce decree modifies you LEGALLY BINDING obligation.

    As far as dealing with your wife, you can go back to the court and ask them to compel her to comply with the order. I'd be speaking to the attorney who represented me in the divorce.

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