Divorce Settlement

[debincolorado]

As part of my divorce settlement, my ex-husband was required to purchase me a new car, which he did. The title is solely in my name, and I retain possession of the title. Recently, he forwarded a letter to me from the lending institution where he acquired the loan requesting that the original title be sent to them. Am I required to do so?

 

[calalily]

I believe the lending institution retains the title until the car is paid in full. Maybe your divorce attorney can tell you definatively.