Dads Divorce - Free custody and alimony advice for men and fathers.
Providing essential divorce, alimony, custody and support information and resources to men at any stage of divorce.
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Question: I owned everything prior to our two year marriage, including the house, my own car, my own furniture... everything. We both worked, but I paid all the bills and she contributed nothing. She had her own job, checking account, car, and even an accountant. We never even filed together. She never used my last name on anything except for a 30K loan we took out that I have to now pay for. She has since moved out and secured her own place, while refusing to give me a divorce until I remove her name from our loan. I can't refinance now, borrow any money, or afford a lawyer any longer. How do I deal with this?
by Joseph Cordell, JD, CPA, LL.M
In this episode, Joseph Cordell will review all the tools available to help you configure the fortress that will protect your assets. From our video series, Cache Counsel: Executive Asset Protection. Click "Read More" to see the video.
by Joseph Cordell, JD, CPA, LL.M
In this episode, Joseph Cordell will explain to you the importance of correctly utilizing using properly configured trusts in an effort to protect your assets. From our video series, Cache Counsel: Executive Asset Protection. Click "Read More" to see the video.
Attorney Angelyn Zimmerman discusses divorce and children in this episode of DadsDivorce Live, Angelyn answers questions submitted to our site. Topics include changing child support after a new wife is expecting a new child; moving out of state, and other topics. Check out the video after the jump.
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Posted by Dads Divorce in refinance , Maintenance , loan , hold harmless , debt , Child Support , car , AZ , automobile , asset , Ask A Lawyer
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Question: My divorce 3 months ago ended in disaster for me. Go figure. Anyway, she was awarded her car in the end. The decree states she is "responsible for the debt of the car and will hold me free from all payments and debt in connection therefrom." If my name is still on the car note, am I not still responsible for the debt? Doesn't she have to remove my name from the loan? Answer: I cannot answer your question specifically to the laws of Arizona as I am not licensed in that State. Generally the family court cannot force someone to refinance a loan (mortgage, car, credit card ect). The parties can agree to refinance or sell in a settlement and the court will sign off on the agreement. I do not see the refinancing of automobiles very often. It is usually the marital residence that is a concern. She is required to hold you harmless from the debt on the loan. If she fails to make payment you can sue her for the payments that you make and any harm to your credit rating. Often you will get attorney fees in this situation.
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