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Legal Advice…Repossessed Car?
6th January 2010
So, I was engaged to a girl a while back, and co-signed on a car loan with her. I ended up making several payments before we ended up breaking up. She paid for a couple months, but then stopped paying on the loan all together. The bank recently repossessed the vehicle. I have been in contact with the bank, as I have been doing business with them for years. And they’ve been really nice towards me. They understand that I’m not going to make payments on her car after we’ve broken up. But, nevertheless, it still affects my credit. The bank will sell the car and apply that to the loan. But whatever is left my ex, and I as a co-signer, are still responsible for.
Do I have any legal recourse against my ex for defaulting on the loan? Or is there a way I can get my name off the loan and disassociate myself from her all together? And if so, how much would something like that cost? Thanks.
Have you ever witnessed an auto accident due solely to a doofus using a cell phone while driving?
20th August 2009
Saw my first a few weeks ago. Light turns green for westbound traffic, traffic starts to go, all of a sudden here comes a woman in a convertible Audi into the intersection to get T-boned by a Jeep Cherokee. I saw it all and became a witness for the guy in the Cherokee. The cutie pie in the Audi had a look of disbelief, like "why didn’t you guys wait for me, can’t you see I’m important and can’t be bothered with red lights while I’m doing business on my phone???". She was probably a realtor chasing the same deal with 20 other starving realtors whose Audis and BMW 3 Series are about to get repossessed.