Jeralyn Lawrence was quoted in the article “What happens to a car’s sale price in a divorce settlement?” on NJ.com.
Q. What, if anything, should be listed in the sale amount if a vehicle is part of a divorce? The plaintiff received a $12,500 credit in mediation for said vehicle, which is about half the value. The plaintiff now has to sign the title over to the defendant, but is unsure what amount to put in the sale price.
— Splitting up
A. In order to successfully record the transfer of ownership of a vehicle, it is important to….READ FULL ARTICLE