G
gperkins67
Guest
- Jurisdiction
- Texas
My wife an I are preparing to file for divorce. Due to the economy back in 2009, I had to file for bankruptcy chapter 13, not that i wouldn't pay but all of a sudden couldn't. Since then, my wife and I purchased a fifth wheel rv and a one ton Chevy truck, both in her name only which we've been living in full time since 2013.
She is planning to live with her parents and assume about 20K in credit card debt (all in her name but still community debt) while she expects me to sell the RV and the truck and go live in an apartment.
I want to retain the truck and RV, continue to live in it full time, and as I am able to (my chapter13 has been discharged), refinance either both or trade either both in my name only. The RV has an inequity of about 20K, equal to that of the credit cards which I would be assuming. I work as an accountant now and can easily make the payments on both vehicles, and it would be cheaper for me to do this that rent an apartment.
My question is, can I keep the Rv and the truck along with the financial responsibility for them, even if their financed in her name only but are both considered community property?
She is planning to live with her parents and assume about 20K in credit card debt (all in her name but still community debt) while she expects me to sell the RV and the truck and go live in an apartment.
I want to retain the truck and RV, continue to live in it full time, and as I am able to (my chapter13 has been discharged), refinance either both or trade either both in my name only. The RV has an inequity of about 20K, equal to that of the credit cards which I would be assuming. I work as an accountant now and can easily make the payments on both vehicles, and it would be cheaper for me to do this that rent an apartment.
My question is, can I keep the Rv and the truck along with the financial responsibility for them, even if their financed in her name only but are both considered community property?