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If you bought a car and the title and loan are in your name but you allowed a friend to take over and now the friend has stopped making payments can you take the vehicle back?
Wiki User
∙ 17y ago
As long as the title and loan are in your name the car is yours. Any payments missed will effect your credit. Take the vehicle back, now.
Wiki User
∙ 17y ago
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Your father died and had just bought a new vehicle what happens with this vehicle will the bank take it out of his estate?
The bank can repossess the car if payments are not made.
Can a company repossess your vehicle if your payments are up to date?
Not legally, but if you bought the car from Barney's backyard sales & mower repair, maybe.
Which term describes an alternative to car buying where monthly payments are paid for a specific period of time after which the vehicle is returned to the dealership or bought?
Car leasing
If you bought a vehicle and you still owed money on it can you sell it to some one and have them take over the payments?
It is not a good idea. If that person does not make any payments then you are on the hook. The ownership can not be changed anyway, because it is listed as security under a registry.
You have been making payments on a vehicle for over 2 years vehicle and insurance is in parents name and they stole it what are your rights?
Not really enough information to answer the question. What was your age when you 'bought' the car? What is your age now? If under legal age - are you legally emancipated? Whose name was the vehicle titled in? Who was the vehicle registered to by the DMV? (????)
You bought a car with gmac through finance after one month you realized that you made a mistake as you could not afford to meet the monthly payments what should you do?
First see if you can get the vehicle financed for a longer period of time, thus lowering your payments. If you can not do that then call the finance company and see if they can help some other way. Last, you may have to give the vehicle back.
How do you know if your lender bought your mortgage as a bad debt?
Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.
You have bought a used vehicle and discovered that it is not in good condition?
Bought a used vehicle but discovered that it is not in good condition, what should i do?
Can you return a used car to the dealership after 4 weeks No payments have been made?
No, the buyers remorse laws do not apply to the purchase of any vehicle new or used in any state. You bought the car and you own the car.
How long do you have to return a used vehicle that just bought today in south dakota?
If it is a used vehicle and the contract states that you bought it "as is", you can not return the vehicle. Unless you were somehow misled as to the deal, the vehicle, or the contract, and can prove it, you can not return the vehicle.
Can the co buyer of a car legally repossess the car from the buyer if the co buyer has made all payments?
More than likely no. You have a bad situation. You made the payments but the other party actually owns the vehicle. In other words you may have just bought this person a car. You need to talk to a lawyer.
What is the word for money paid monthly on a property bought?
A property that is bought by means of monthly payments is said to be paid by installments.
