Summary
To remove your name from a car loan in Indiana, consider refinancing the loan in your ex-wifes name, selling the car, or exploring loan assumption if allowed by the lender. Contact Capital One Auto Finance to check their policies on loan assumption. Courts may order refinancing as part of a divorce settlement to relieve one party from debt liability. Consulting a family law attorney can provide guidance on obtaining a court order.Full Conversation
How do i remove my name off of a car loan when my ex wife wont please
You generally have a few options:
- Refinance the loan: Your ex-wife can apply to refinance the car loan solely in her name.
- Sell the car: Selling the vehicle and paying off the loan can remove you from the obligation.
- Loan assumption: If the lender allows, your ex-wife might be able to assume the loan in her name only.
Have you tried discussing these options with the lender?
No more imformation on loan assumption
Sure! Here's some additional information on loan assumption:
- Eligibility: The lender must agree to the loan assumption and will typically require your ex-wife to qualify for the loan on her own.
- Documentation: Both you and your ex-wife will need to sign documents to officially transfer the loan.
- Fees: There may be fees associated with processing the loan assumption.
Have you contacted your lender to see if loan assumption is an option they offer?
No mot yet its through capital one auto finance
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It's important to contact Capital One Auto Finance to check if they allow loan assumptions. They can provide specific guidance on their process and any requirements or fees involved. If loan assumption isn't an option, consider refinancing or selling the car.
Would you like more information on any of these options?
Is there a way to have a court order made where she would have to get it refinanced in her name
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In Indiana, courts can sometimes order one party to refinance a loan in their name as part of a divorce settlement. This is often done to ensure that one party is no longer liable for the debt.
You may want to consult with a family law attorney to discuss the specifics of your situation and whether a court order is a viable option.
Would you like more information on how to proceed with this?
No thank you for your answers
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It seems like you have a good understanding of the options available to you regarding the car loan issue with your ex-wife. If you need any further assistance in the future, feel free to reach out. Take care!
You too
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I'm glad I could assist you with your questions. If you have any other legal questions in the future, don't hesitate to ask. Have a great day!