Crosspost "[California] stbx wife not paying for her car that is in my name" from /r/Divorce:

My wife and I separated in Feb 2021, she kept the car she was driving and I kept the car I was driving. She started making payments on the car she kept but then stopped in July. The bank has reached out to me about a possible repossession of the car since the car loan is arrears. The car is worth at least five times the loan balance.

I filed for divorce and the status conference is not for another six months.

What are my options?

A. I could struggle and pay the car loan even though I am also paying all the marital debt (debt that went directly to the family)

B. I could let the bank repo the car and lose the equity on the car.

C. I could act shady and repo the car, sell it off and pay the car loan and some of the community debt.

I am leaning towards option C but would not want to hurt my case. We are in a high conflict custody and divorce case.


Posted by dndungu | 5 November 2021 | Link