Can a credit union hold your car title if your car is paid off, I co sign for another car, two different account?
Credit unions are allowed to do this under the cross-collateralization clause in your lender contract.
Houston, TX
Debt and lending agreements Lawyer at Houston, TX
Practice Areas: Debt & Lending Agreements
Credit unions are allowed to do this under the cross-collateralization clause in your lender contract.
You need to make a police report now. Then you must dispute the purchase to the lender and then the credit reporting agencies. As for suing your...
You still owe the debt, but it is not a secured debt meaning the lender can still sue to collect, but can't repossess the car.
You need to read the original purchase agreement to see if there is a requirement to notify the lender of taking the car to another state. Find out...
Generally, a creditor must sue you, personally serve the suit papers to you, wait for you to answer. If the creditor wins (they don't always win),...
You CAN NOT exclude your husband from the sale if his name was on the original note and deed. There must something you can offer him to change his...
Make a different offer: He stops paying his part of the lease going forward and you make the full payment to the end of the lease. This assumes he...
Is it a bank or a credit union? A credit union could do this, but not a bank.
You can't get your name off the loan. Either you sell it together or he/she must get a new loan. Be sure the insurance is kept current. Her/his...
This is quite common. The dealership wants to make the sale so bad they will have you sign a contract with "projected" monthly payment and interest...