This book will focus on the rights each spouse has under certain laws, situations, and circumstances, and how the division of the property will be decided by the court or through negotiation.
[quote]Does it give me right to possession if she defaults on payments? What if I were to allow the insurance to lapse? (The loan contract requires full coverage insurance.) [/quote]
You are the one that they are going to go after for payment since it is in your name even though it is a marital debt. I don't think you would have a hard time getting a judge to okay switching the cars, if you go through the proper channels.
My ex's car was in my name alone until the divorce was final. He was also still on my insurance until the divorce was final. I can understand why you wouldn't want the liability, my ex is a lousy driver (and this is proven by the fact that he had 11 at fault accidents in 11 years, only 2 of them involved other cars. This isn't counting the near misses). Talk to your attorney about switching cars. S/he will better be able to tell you where you stand.
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Re: Car, insurance, and loan in my name.
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