Hi,
I hope someone can give me some advice here please regarding a possible purchase of a new car when not actually divorced, just separated....
I have been living separately for 2 years from my stbx.
He has had alcohol issues, has ignored solicitors letters, then ended up in rehab and following that, lost his job. I have put the solicitor on hold for the moment as the situation keeps changing as we also own 2 houses, of which, one is on the market. Once it has sold, we will be more aware of equity amounts and be in a position to work out how to split the finances. I will move to the other and probably sell there too as he is not reliable enough to do this.
We have 2 young children who stay with me 100% of the time.
I have just been offered a loan from my parents to buy a new car (pay them back with some of my share of the equity when the house sells) as the one I drive is on its last legs (& I thought money would have been available by now to replace it, so it really is limping along)
Can I buy it now and it not be included with my assets due to the fact I have an unofficial loan for the amount the car is worth (can put something in writing to make the loan official if need be) ?
I am worried he will lay claim to half a car which would be purchased well after separation and is really nothing to do with him.
Any help or advice would be appreciated, thanks.
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Divorce/separation
Separated but not divorced yet. Financial question...
4 replies
noodles44 · 24/04/2018 19:59
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