I thought I purchased a boat. I signed the paperwork as a borrower, only to find out I was used as a cosigner. He filed for divorce and took off with the boat. He is always 2 payments behind. What are my rights?
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3This is more of a legal question. Your best bet would be to consult a lawyer.– glibdudCommented Sep 27, 2020 at 1:20
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2Which country are you in?– FluxCommented Sep 27, 2020 at 3:54
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2Probably nothing you can do. Lesson: Read what you sign.– AganjuCommented Sep 27, 2020 at 14:30
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1 Answer
If he bought the boat while you were married it is likely considered community property regardless of whether your name is on the title or loan. Tell your divorce attorney about it and the judge will have to make a call on equitable distribution of assets.