Are you worried about losing your car in a divorce? If so, contact the experienced Rochester Divorce Attorney Michael Schmitt today for a free review.
As an experienced Rochester Divorce Attorney I will occasionally get asked by individuals what will happen to their cars in a divorce. Typically, with your car, you’re going to keep your car and your spouse is going to keep their car and you’re each equally going to be responsible for your own expenses. If there is a loan or a lease, you’re going to pay your own car. You’re going to keep your own car. If there is a significant difference between the equity of one car or the other, we’ll take that out and apply it as a credit to the marital property in the other aspects.
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Are you worried about losing your car in a divorce? If so, contact the experienced Rochester Divorce Attorney Michael Schmitt.
This educational blog was brought to you by Michael Schmitt, an experienced Rochester Divorce Attorney.