Can you have your name removed from a car loan if you divorce? 4 Answers as of June 08, 2017

Car was purchased in marriage. I just want my name off of it.

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The Gufford Law Firm, P.A.
The Gufford Law Firm, P.A. | Joseph Gufford
Yes, by either refinancing the debt or otherwise satisfying it.
Answer Applies to: Florida
Replied: 6/8/2017
Ronald L. Bornstein, P.A. | Ronald L. Bornstein
Generally, unless the loan is refinanced or paid off, no. Consult with an attorney to discuss the specifics of your situation and your options.
Answer Applies to: Florida
Replied: 6/8/2017
R. Jason de Groot, P.A
R. Jason de Groot, P.A | R. Jason de Groot
That is not the way that it works. The bank will not remove your name from the loan. The other party would have to agree to hold you harmless and indemnify you, and that is the most you can expect.
Answer Applies to: Florida
Replied: 6/8/2017
Law Office of Robert E McCall | Robert McCall
The Divorce Judge has no power to do that. For a name to be removed it depends on the policy of the Lien Holder. Some will agree, some do not.
Answer Applies to: Florida
Replied: 6/8/2017
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