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No. Stealing is not legal.
No. Stealing is not legal.
No. Stealing is not legal.
No. Stealing is not legal.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoNo. Stealing is not legal.
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Can a primary co signer take the car from the secondary co signer?
can a primary co signer take the car away from a secondary co signer
Can the owner report the car as stolen when the co signer has it?
You can report it stolen but they wont do anything once they find out a co owner has the car. They cant steal a car they own.
Can a co-signer repossess a vehicle if a sibling is not making payments?
The co-signer is typically a person who signs for the car loan; the co-signer may or may not be listed as a co-owner on the title. If the co-signer is also a co-owner, the co-owner who is paying the loan can legally take the car. However, if the co-signer is not a co-owner, taking the car would be grand theft auto. Incidentally, if the co-signer is not also a co-owner and the loan falls into default, both the signer and the co-signer will be identified in credit reports as defaulting on a car loan, even though the co-signer did not have or use the car.
You bought a car with a co signer can you file bankruptcy?
Sure. The co-signer will be responsible for the debt on the car.
Can a car loan be transfferd?
It can be transferred to a co-signer only. If their is no co-signer on the note, then your answer is no.
How does the primary owner of a car pass the car to the co-signer?
You need to sign the Certificate of Title over to the co signer so that the vehicle can be legally registered in the name of the co-signer.
How does the primary owner of a car pass the car to the co signer?
You need to sign the Certificate of Title over to the co signer so that the vehicle can be legally registered in the name of the co-signer.
Can the primary signer of a car take it away from co-signer if all the payments were made and up to date by co-signer?
NO
Can a co-signer of a car transfer all debt to the main signer of a car?
No. The co-signer will be responsible for paying the loan until it is paid off.No. The co-signer will be responsible for paying the loan until it is paid off.No. The co-signer will be responsible for paying the loan until it is paid off.No. The co-signer will be responsible for paying the loan until it is paid off.
Can a co signer sue the car owner?
Generally, yes, assuming that the "car owner" is the person who took out the loan that was co-signed AND that the owner defaulted on the loan and the co-signer was forced to pay the balance of the loan. Typically, the main borrower, i. e. the car owner, is primarily liable for the loan while a co-signer is only secondarily liable. This means that the co-signer has no obligation to make payments unless the primary borrower defaults. In most contracts involving co-signers, the contract will have a provision that if the co-signer has to pay on behalf of the primary borrower, then the primary borrower must indemnify the co-signer. If the primary borrower refuses to pay the co-signer, the co-signer can sue the car owner to recover what he paid for the car owner.
How can you get a car loan with bankrupcty?
With a co-signer
Can you take your co signer off your car loan?
No. The co-signer is there because the credit grantor considered you too risky.
