Can you buy a car while separated?
While there is no law that you can’t obtain a new loan or apply for credit, you can’t obligate your soon to be ex spouse on that loan or debt obligation, unless they consent. The equity in the car will be determined by it’s fair market value on the date of the divorce against any loan indebtedness on the car.
What happens to my husband’s car in a divorce?
Brette’s Answer : Any amount paid toward the loan during the marriage is considered marital property, so she could be entitled to a portion of the value of the vehicle. Talk to an attorney to understand your rights in your state. Can I get the vehicle my husband bought after we separated?
What can I do if my husband takes my car?
Can I do anything if he takes the car? Brette’s Answer: If the car is in his name, he is the legal owner. While the divorce is pending, you can ask for a temporary order giving you possession of the car, since anything bought during marriage is a marital asset. You need to find a way to work out an agreement with him.
Can a car be an asset in a divorce?
Brette’s Answer: If the car is in his name, he is the legal owner. While the divorce is pending, you can ask for a temporary order giving you possession of the car, since anything bought during marriage is a marital asset.
Can a married couple own a car together?
In the case of a car used by a married couple, ownership of any property is usually classed as joint. For an explanation of the difference between the ‘owner’ of a vehicle and the ‘registered keeper’ of a vehicle see link below:
When did my husband and I buy the car?
We bought the car two years back when we were still married. We were married for nearly 4 years and co-habitated for nearly 10 years. We separated 6 months ago. He would not let me take the car during the separation and also broke my personal items (Beatles Collection).
Brette’s Answer : Any amount paid toward the loan during the marriage is considered marital property, so she could be entitled to a portion of the value of the vehicle. Talk to an attorney to understand your rights in your state. Can I get the vehicle my husband bought after we separated?
Brette’s Answer: If the car is in his name, he is the legal owner. While the divorce is pending, you can ask for a temporary order giving you possession of the car, since anything bought during marriage is a marital asset.
How can I get my car out of my husband’s name?
The only way you can get help is by going into court for relief. It’s usually a bad situation in divorces when a car is in one spouse’s name and the other spouse wants to keep it after the divorce. It’s possible that you may be able to keep it.