Sniggs
NAXJA Forum User
- Location
- Western Washington
This thread has officially been nominated...
Yeah, we were only together for almost 3 years. Yeah, and no assets. We lived in her parents rent house.tupton said:I doubt they have many assets yet, seeing as how young they are. Consider yourself lucky you haven't watsed many more years on her.
imthehink said:Yeah, we were only together for almost 3 years. Yeah, and no assets. We lived in her parents rent house.
The court could award her your interest in the car but given the circumstances, I don't think they would. Now if kids are involved, just drop 'em and bend over cause here it comes!imthehink said:I have a question. OK, about a couple months ago she really wanted a mustang. So what do I do? We go look for one. Well, we get the mustang and she's happy. I was the main signer for the car. The title had me and or her on it. Now, since it said and or I took her name of of it. I then put me and my sisters name and left out the or so she couldn't do anything with it. She can't get the car right?
Not necessarily. The usual rule of thumb is that all assets and debts acquired during the marriage, regardless of whose name is on the title, loan, etc., is considered equally owned and ends up being divided evenly. As it was mentioned, learn the divorce laws in your state to be sure. For example, if she wants the car, she takes the payments with it. If it's paid for, then you reach an agreement such as she pays you for half the value or you sell it and divide the proceeds. Perhaps there's something of equal value that you keep to balance it out.imthehink said:I have a question. OK, about a couple months ago she really wanted a mustang. So what do I do? We go look for one. Well, we get the mustang and she's happy. I was the main signer for the car. The title had me and or her on it. Now, since it said and or I took her name of of it. I then put me and my sisters name and left out the or so she couldn't do anything with it. She can't get the car right?