Legal Question in Family Law in Florida

Joint Ownership of Automobile
Hi. I would like to know what will possibly happen when my husband and I get a divorce. We have a car in both of our names and I have been the dominate person making payments on the car. The car had to be co-signed because of a student loan that I have so the bank jointed us together on this car. Is there something I can do other than Refinancing the car to release my husband's name and obligation to the car? He wants his name OFF of the car totally and has suggested I refinance the car. Isn't there something called a ''Release of Lein'' that would eliminate him from the car? PLEASE HELP!!!!!!!!

Asked on 6/26/02, 4:56 pm

Alexis Parker Alexis Parker, Esq.

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Re: Joint Ownership of Automobile

You may:

1. Refinance, as your husband suggested

2. Ask the current lender to release your husband from the obligation. However, lenders don't aren't usually in a hurry to agree to this.

3. Your husband can just wait until the car is paid off.

4. Sell the car...use the proceeds to put down on another car.

Do either of you own another vehicle? This could impact how a court would handle your situation.

Talk to an attorney who can review all of the facts of your case and provide you with an opinion based upon your specific situation.

Answered on 6/26/02, 6:45 pm

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