1-866-448-1982 [email protected]

When to Use Language

If the terms of divorce involve a joint car lien, then unless they can pay off the lien as part of the terms of divorce, then the party that gets the car should be ordered to refinance it.

Decree Language Example For Refinancing Car

ASSET AWARD of H-7 CONTINGENT ON REFINANCE

IT IS ORDERED that within 30 days of the date of this divorce, JOHN SMITH  shall wholly refinance the 2014 Acura RDX, so as to remove any and all financial obligation that JANE DOE has on the vehicle, and so as to leave JOHN SMITH as the sole obligor for the same.  IT IS ORDERED that in the event that for any reason whatsoever,  JOHN SMITH is not able to refinance the vehicle in accordance with this provision, that he shall instead take all necessary actions to immediately trade the vehicle in, or sell the vehicle so as to remove any and all obligation JANE DOES  has to pay for the same.