We didn't mention the value, just the debt, and spouse knew car paid off. I paid just about $10,000 and it is worth $35,000. It was in my name only. Is X entitled to anything and if yes then how much? X wants half of the 35 but I think the 10 should come off the top at a minimum. Is there a statute on this or case law? Thanks for the help.
The final order in the dissolution should have dealt with the asset as well as the debt. If you are still finishing up the dissolution then it may be settled now, any amount should be due based upon an appraisal and accounting for the debt against the asset. In any event. the court would have to put the division in the final order or there is no valid claim.
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How long ago was the divorce finalized? If the divorce it final, your ex could try to file a Motion to address the matter of the vehicle - but that would be his responsibility, not yours. Since it was not in the order - it is not likely he could do anything without specific court action. I would recommend talking to an attorney to discuss your options.
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