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Will This Hit Me?
Dear Dave, My husband and I are in the process of getting a divorce, and he wants to take out a car loan. I don’t think he’d do anything illegal, but how can I protect myself – just in case? Jennifer Dear Jennifer, Don’t put your name on anything where this purchase is concerned. About the only way it could affect you at all is if you sign for the car. Now keep in mind he could always sign your name fraudulently, or the judge could hold you liable in divorce court. But chances are neither of these things will happen. No good judge would saddle you with debt he incurred on his own. If he’s the one buying the car, all the payments and other headaches should be his – not yours. I’m really sorry you have to go through this, Jennifer. Dave
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Today's date: July 24, 2008
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