repossed car

For heaven's sake, please use periods and/or commas; I could barely figure out where one sentence stopped and another began.....

While divorce decrees may direct a particular party to pay for certain debts, the decree itself does not eliminate either party's ultimate liability for the debt. In other words, you are still legally responsible for the debt even though she got the car.

Repossession laws vary from state to state. After repossession you have a redemption period in which to redeem your vehicle, but that time frame depends on your state law. Most states are between 21-30 days, but 15 days may be all that is required in your state. To check, you can 'google' your state name + "repossession laws".

The letter you received, commonly called a "Notice of Intent," is usually dictated verbatim by state law. In reality, a creditor usually does not sell the car immediately after your 'time is up.' If you want to redeem the vehicle, call them and explain the situation, and thy will probably give you a little more time to come up with the money.

What is your question?

If you are inquiring whether or not you are liable for the loan then, yes, if you have signed the loan document with your wife.

Also, if you are not able to bring the loan current before the auction date. You may be held liable for the remaing balance of the loan after the bank auctions the car off. In the cars that I have repossessed in most cases it is very hard to get anywhere near the dollar figure during the auction/sale compared to the amount owed on the loan.