A problem from my past

@edras_2 (299)
United States
December 15, 2006 9:06am CST
Hi Guys!A problwm frpm my past has come back to haunt me,and I was hoping I could get feedback from yall that might help me.Many years ago,when my ex & I first married,we needed money for a car.At the time he had no credit and no job,so I got the loan in my name.Later he got a job and started making the payments.Well,a couple tears we split up due to his constant drinking,but he agreed to pay the remainder of the loan,about 1000.00$.This was almost 15 yrs.ago.Ok, now some bill collectors are hounding me for this money,as my stupid ex stopped making the payments and never told me!But the other part of the problem is they are trying to collect more than is actaully owed.I KNOW that it was 1000.00,they are trying to say it's 2400.00.Can they really come after me after 15 yrs.? What can I do?
12 people like this
67 responses
@reinydawn (11649)
• United States
15 Dec 06
Yeah, since your name was on the loan they can probably come after you. And the additional money is proabably interst and late fees, stuff like that. If you can still get in touch with the guy, I'd ask him about it. 15 years is a long time for them to wait to come after you, it should have been paid off YEARS ago. Ask for an accounting of the loan - he might have taken more money out of the loan without your knowledge?Good Luck.
@edras_2 (299)
• United States
15 Dec 06
Yeah I was afraid of that.I don't think getting touch with him is going to help though.He's been drinking so much,for so long,he's lost touch with reality,so I'm probably stuck with this one.Thanks for your help.
@reinydawn (11649)
• United States
15 Dec 06
Oh that's a drag. I'm sorry you have to go through that. Best of luck to you.
@zuri25 (2127)
• United States
15 Dec 06
The first poster mentioned taking your ex to small claims court. That made me wonder whether or not you got this agreement between you in writing. If not, proving your claim will be much more difficult. The bottom line really is that the car is in your name and that's all the creditors care about. As for them wanting more money, well I'm not sure about that one. Perhaps you should ask them to give you documentation showing how they came up with that number. Good luck.
@edras_2 (299)
• United States
15 Dec 06
No, it was only verbal.Thank you
• Philippines
16 Dec 06
yeah, it will be difficult for you to force the money out of him....i hope he feels obliged to you...if not, you have nowhere to go but to pay for it
1 person likes this
@clickerz (471)
• Philippines
15 Dec 06
You can approach them and talk to them if they can lower the said debt.Or you can borrow money from your family or relatives so that youll not paring more interest from it.
2 people like this
@edras_2 (299)
• United States
15 Dec 06
I will try talking to them,Thank you
@lulylove (1561)
• Brazil
16 Dec 06
Yes - yes..
yes... I agree with he!
• United States
15 Dec 06
Yeah because of late fees and interest. If you signed a contract to get that money it should say all that in there. After 15 years you could probably bargain them down to a lower amount though
2 people like this
@edras_2 (299)
• United States
15 Dec 06
Thank you.Yeah thats part of the problem,too.After 15 yrs.I no longer have any of the paper work.
@classy56 (2882)
• United States
16 Dec 06
yes i agree most company would just like to get their money back..
@michele609 (1687)
• United States
15 Dec 06
Yes they can creitors can come after you when ever they want, so I would try to get back in contact with him and ask whats going on, or more less take hime to a small court because there was an agreement.
2 people like this
@edras_2 (299)
• United States
15 Dec 06
Thank you,I will see what I can do.
• Australia
16 Dec 06
I found some info you should have a look at, can't tell you anything specific as I don't know all the details, but look at this site and it might help you out. http://www.expert-credit-advice.com/junk_debt.htm the previous pages tell you a bit more too. Hope it helps!
1 person likes this
• Philippines
15 Dec 06
the creditors has the right to collect what you owe them. although the loan was not for you but for somebody else, they can still collect it from you because it is your name that appears on the record. you can try to contact your ex and tell him about it and tell him to pay if he's still willing. if not, you are bound to pay for that loan.
2 people like this
@edras_2 (299)
• United States
15 Dec 06
Yes you are right,Thank you
• United States
15 Dec 06
All that added money I would assume is all the interest? If so, that is a lot of interest over the last several years!! When you and your husband split up was there any court documnetation stating that he was to take over the bill? I assume you are the only one on the bill? (The primary) Hmmm...15 years later I really don't know what they can do to you. But yes, if your name is the only one on their you are solely responsible for it, even with an agreement from your ex. If nothing is in writing or if you have no court sealed statement saying the bill ws turned over to him, unfortunately it is still your responsibility. Are you in the USA? If so, you can seek legal aid regarding this for free. They can answer your questions for you, and help you prepare a letter to the company or prepare you for court if necessary.
2 people like this
@edras_2 (299)
• United States
15 Dec 06
Unfortunately,it was only verbal agreement,so I guess I'm screwed.Thank you for legal aid information,I hadn't thought of that.
@vanities (11409)
• Davao, Philippines
16 Dec 06
i think yes..coz its your name whose in the legal paper..maybe you have to tell your ex to help you on it or seek legal advise..
2 people like this
• Australia
15 Dec 06
yes they can as it would be interst that has built up. where is there car now? if he has it take him to court
2 people like this
@lonewolfnan (4367)
• Canada
18 Dec 06
The bad news is that since it is your name on the contract,they did have the right to come after you.Check on the time period though.In some states,there is a 7 year period for which they can start any legal actions against you.Also,ask why there wasno attempt by them to contact you sooner PLUS all the paper work on the case.If all is in order,then make arrangements with them for payback if you feel your credit rate would suffer.
1 person likes this
@edras_2 (299)
• United States
20 Dec 06
Thanks Lonewolf,The problem is,after 15 yrs.I have NO idea where the paper work is.I'm doing all the research into this I can though and am going to legal aid this week.
@JBD189 (345)
• India
16 Dec 06
They must be charging you the interest for defaulting on payments. In India, they can attach your property or whatever you own, for defaulting on payments.
1 person likes this
• India
16 Dec 06
in tamil nadu you cant do that
1 person likes this
@198112 (335)
• United States
16 Dec 06
Yes the collectors are so persistant and can be very demanding at times. I really hate that interest rate that is added to all debts or loans. Even though years have past and as you said it has been 15 years, money is money in their eyes. I am sure if you want to get around from paying the interest part of the loan, you can try and make a certain payment settlement. A lot collectors are willing to assist you in that and most of the time they will even make a settlement of a lesser amount than the loan was. I had experience that with some collectors I owed money to. But I also thought that after 8 years a person credit history is cleared of all debt. Maybe you should look at your credit history and see what debt is on there. Also you can email me privately zaquejs@yahoo.com and I can give you some useful information of how you can remove negative debt from your credit history in 1-3 months. This is something I am trying out for myself too.
@edras_2 (299)
• United States
17 Dec 06
Thank you.I will do that.
@emarie (5447)
• United States
16 Dec 06
Mean Debt Collectors - creditors
yes they can..if its under your name, it was actually your responsiblity according to them. my husband had the same thing happen to him when he divorced his ex wife...she couldn't keep up with her half of the bills and filled bankrupcy without telling him, then he had double the amount of bills to pay and he had to file as well. i say, just pay the damn thing...remember there's interest which is why its so much now.
1 person likes this
@hotepinc (24)
• United States
16 Dec 06
There is a way to clear your credit even if you are responsible for paying it. It is true that they can add interest on it which is a messed up situation. I can tell you a way that might help you out that is 100%legal and has helped me clear my credit. Sorry to hear abiout your ex husband screwing you.
1 person likes this
@edras_2 (299)
• United States
17 Dec 06
I would be interested to hear more about this,Thank you.
@TerryZ (22082)
• United States
15 Dec 06
I dont think they legally can. They can hound you but not come after you. You really should talk to a lawyer it would be in your best interest. Good Luck to you.
@edras_2 (299)
• United States
15 Dec 06
Thank you
@pookie92 (1714)
• United States
15 Dec 06
unfortunately they can come after you. If I were you, I would give them your ex's information. Tell them that he had the car and was responsible for the payments. Tell them you have no money and they'll have to collect from him. They tend to collect from anyone who will pay them. If he doesn't cooperate, you can take him to small claims court. Maybe judge Judy??
@edras_2 (299)
• United States
15 Dec 06
Good idea,Thanks.
@mkup30 (494)
• United States
15 Dec 06
yes they can come after you when they want and yes it can be more than 1000 dollars b/c of late fees and interest accruing. you should get in contact with your ex or take him to court and sue to win! good luck!
1 person likes this
@edras_2 (299)
• United States
15 Dec 06
Thank you.
@sweetcakes (3505)
• United States
15 Dec 06
i did not know that creditor can harrass you for something that old 15 years that a long time what took them so long to contact you?
1 person likes this
@edras_2 (299)
• United States
15 Dec 06
I have no idea!
• Sri Lanka
15 Dec 06
As you are in the U.S I don't know how these things are handled over there. I am in Sri Lanka and you are on the other side of the globe. But I'll try my best. Anyway what we have here is a mixture of Roman Dutch law and English law. But there may be changes enacted by our Sri Lankan Parliament. First of all where is the car? The loan is in your name. Is the car also in your name. Then what you have to do is sell the car and pay the balance. In Sri Lanka we have something called "Statute Barred". This means you cannot claim a loan after a certain time. Even the govenment can't hound a person for Income Tax after 3 years. For simple loans it is one year. For value added tax it is 10 years. So I don't know how someone can claim the loan after 15 years.
1 person likes this
@edras_2 (299)
• United States
15 Dec 06
Unfortunately,that is probably in a junkyard by,being 15 yrs. old,but I will check into your suggestions.I live in the U.S.,but they may something similar here.Thank you.
• Pakistan
15 Dec 06
it is a difficut situation , maybe talking to ur ex could help u in other case i think u'll have to pay
• China
15 Dec 06
well,just do what can u do
1 person likes this