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Can a cosigner have his name added to the title after 3 years and sell the vehicle?
Wiki User
∙ 17y ago
Not without permission from the owner. As a co-signer, you agreed to financial obligation without benefit of the material property.
Wiki User
∙ 17y ago
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What is the penality for forging a motor vehicle title?
The penalty for forging a motor vehicle title depends on the value of the vehicle. The last man that I know about only got 2 years.
Can you sell a car without a title?
Legally, NO! You can sell the vehicle to anyone if the vehicle is over 10 years old and you sell it for parts only, but if the buyer wants to drive the vehicle, they will need a title.
Do you need a title to scrap a vehicle over 15 years old?
I am sure each state has their own specific laws that pertain to scrapping a vehicle. In Iowa, yes you need to have the title.
How do you get a title for vehicle after bankruptcy if its been over 5 years and they have not picked it up?
You don't. The lien must be cleared before title transfer can take place. Pay the note or surrender the vehicle.
Can a cosigner get off the loan if it has been financed for over 2 years?
A cosigner can only be relieved of the financial obligation through refinancing of the loan without the current cosigner's participation.
Do you need to obtain a title in the state of Georgia if the vehicle is over 20 years old?
Yes.
If you have not paid your car payments for over 3 years can you file a lost title and sell or get the title?
No, you can only replace a lost title. If the vehicle had a lien from the bank, a replacement title will still show the lien.
Can i be added on title if my dad bought me a car in his name?
yes, as long as you are 18 years old.
Your vehicle is 13 years old do you need a title to sell it?
If the vehicle was built after the title law in your state was passed, yes you do. For example, New York passed its title law in 1973. If your vehicle was built prior to that, there was no title issued and it can be sold with just exchanging the registration. For 1973 model year up, you have to transfer it with a title. For the rules in your particular state consult the website for your state's department of motor vehicles.
Is the borrower responsible for repayment of a vehicle loan two years after the cosigner filed bankruptcy and the vehicle was repossessed?
Yes, that's exactly how it works. If you'd paid for the vehicle at the time of the co-signers bakruptcy you could have kept the vehicle and improved your credit. The creditor wants you to either pay for the remainder of the note or file bankruptcy yourself. * A loan for a vehicle is considered a secured debt and is not dischargeable by the primary borrower(s) or cosigner(s) in bankruptcy action. All parties named on the loan agreement are responsible for the debt unless the SOL for the state in which the vehicle was either purchased or the debtor resides has expired.
How old do you have to be in the state of Alabama to register for a title on a vehicle in your own name?
19 years old in the state of Alabama
Can you get a loan for a vehicle with a cosigner at 16 years of age?
From what i understand, you have to be 18 to enter into a binding contract...and so its up to the bank whether or not you can get one because they can't enforce it on you...so you will definitely need a cosigner and the bank will look at both your credits to see if it's worth the risk i know this because my friend signed for a loan w/ his parents as cosigners and because i also wanted a personal loan and the bank told me i needed a cosigner with better credit :P
