I let a friend make payments on car under my name only and he's behind 3 payments can I reposes the car or what I can do ?
Lu Ann's answer
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Answered on August 17, 2021
If your name and his/hers are on the title, you both have the right to possession of the vehicle. You have the right to take possession by towing...
Does my step dad owns half of my mother house?
Lu Ann's answer
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Answered on August 16, 2021
Check the deed to the house. If it says your mother bought it "pro forma" then your step dad does own half the house.
Can I be sued by a title loan company if I decide i cannot payback my loan and surrender my vehicle to them
?
Lu Ann's answer
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Answered on August 10, 2021
Is the car worth much more than $4,000? If not, the lender could sue you for the difference between the auction sale price and the loan balance. A...
What do I need to do to remove the primary borrower off a car loan (that I co-signed for) that is incarcerated?
Lu Ann's answer
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Answered on August 10, 2021
You can't get your name or his off the loan. Either you sell it together or he/she must get a new loan. Be sure the insurance is kept current....
What can I do in the case that my customer never paid for their car repairs ?
Lu Ann's answer
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Answered on August 10, 2021
If you released the car without payment, you will have to file suit to collect. You can sue and you could win, but you will have a very difficult...
Hi there I had my vehicle repossessed today.
Lu Ann's answer
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Answered on July 27, 2021
That may be true, but you would have to look at your loan agreement to be sure.
Can I continue making payments on deceased father's car loan and keep everything as is such as tag and insurance until paid?
Lu Ann's answer
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Answered on July 27, 2021
The bank is correct. It will continue taking the money and doesn't care who paid it. I suspect your siblings want a share of the car's value rather...
I am the co borrower of my car and I have a cosigner but I am not behind on my payment and he took my car and won't return it w?
Lu Ann's answer
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Answered on July 27, 2021
If your name and his/hers are on the title, you both have the right to possession of the vehicle. You have the right to take possession by towing...
Can I have liability insurance in a financed car?
Lu Ann's answer
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Answered on July 27, 2021
Your lender requires full coverage on the vehicle just in case you wreck it. That way the lender is paid for the lost value of the car.
Can I help a friend make a payment plan for a title loan he defaulted on
Lu Ann's answer
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Answered on July 20, 2021
If no lawsuit has been filed, most title lenders will set up new payments plans if you give them enough cash down. Make sure your friend is present...
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