Tips on Buying Cars: Getting my name off a car loan, collections department, deadbeats

Question
I know someone asked a similar questions.  I co-signed on a car with my ex, we are obviously split up and my name is still on the loan.  His credit is to bad to get a loan on his own to pay off the car loan to get my name off.  He is paying his payments late and I am receiving calls from the collections department.  He will not answer calls from me, because he knows why I am calling.  It is showing up on my credit report and is having a negative impact.  What can I do to save my credit and get my name off the loan?

Answer
You have to look at this from the bank's point of view.  Right now, they have two possible sources of payment.  If they take you off the loan, they're left with just one source, and from your own description, not a very stable or reliable one.  In the current economic condition, no bank is going to take a questionable loan and make it more questionable.  So, why would the bank take you off the loan?  What's in it for them?  Absolutely nothing.  You need to give them an incentive, and the only one I can think of would be a renegotiation of the loan with an additional cash down payment of at least 50% of the outstanding balance in return for taking you off the loan.  If that's not possible, then talk to the bank directly to see what you can work out while you remain on the loan.  Explain to them that you understand your obligation (if you read the fine print, I'll bet it states they can come after you without even trying to get any money from your husband), and that you want to protect your credit.  Could you make part of the payment if they extended the term and/or reduced the interest rate?  Banks are tired of listening to and trying to collect from deadbeats, but I'd be very surprised if they wouldn't try to work with you if you use the approach I've suggested here.  Let me know how it works out.