
Quoting
Guybrush
I disagree with everyone else. I think the contract gives a release - although probably not intended to do that.
"If Husband makes any payment relating to the Beetle to protect his credit rating or otherwise, or if Wife lets the insurance on the Beetle lapse, then, upon thirty (30) days' notice to Wife, Husband shall have the right to take possession of the Beetle and sell the Beetle to pay off the outstanding loan obligation. Wife shall indemnity and hold Husband harmless for any of the payment relating to the Beetle that she herein agrees to pay."
By not making a payment, or letting the insurance lapse, the husband's right is to take possession of the car. So, let him take possession - that's what the contract states.