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Can you be held responsible for repossessed car if co owner had possession of car?
Wiki User
∙ 10y ago
yes you will be responsible.
Wiki User
∙ 10y ago
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What happens when lease cannot be paid back?
The vehicle will be repossessed and the leasor will be held responsible for the unpaid balance of the lease.
Can your car be sold if it was repossessed?
Yes. Usually the loan holder will be held responsible for any deficit and perhaps fees that are incurred when the car is sold.
Who would be held responsible for a car with no insurance if it is involved in an accident would it be the car owner or the person driving the car?
Owner.
If you are a co-owner of real property did not sign the mortgage and it's foreclosed can you be held responsible for a deficiency judgment?
If you did not sign the mortgage then you have no obligations relating to it. You are not responsible for any deficiency. If you owned the property at the time the mortgage was executed by a co-owner, the lender cannot foreclose on your interest at all. If you received your interest by deed after the mortgage was executed the lender can take possession of the property and you will be dispossessed of your interest.
Who is responsible for vandalism to a vehicle at an apartment complex?
I'm no lawyer but... The vandals. Assuming they aren't held responsible, unless there is some reason to hold the owner responsible then it is the vehicle's owner who bears the loss, turning to their auto insurance to pay, if they choose. An example of how the owner might be held liable: if the car park had a security gate when the tenant moved in, the gate broke down and the landlord neglected to fix it and this was how the vandals got in, the tenant could try arguing that the owner was responsible due to his negligence.
If you let a friend drive your car and they crashed are they liable in Pennsylvania?
The owner of the vehicle will be held responsible for the damage. The owner certainly has the right to go after the driver for compensation.
What are the essential requirements for success in an adverse possession case in Kentucky?
Adverse possession is the possession against the will of the rightful owner to the complete exclusion of the owner. The number of years required to claim adverse possession in Kentucky is 15 years.
You got into an accident driving your moms car with no insurance Is she responsible?
The person operating the vehicle is the first one responsible. The owner of the vehicle can also be held responsible. If your under 18 and an adult allowed you to drive, they can be held responsible if, they knew you would operate it recklessly or knew you didn't have a licence.
If a passerby is injured in an attempt to help a child who is being attacked by a neighbors dog who is liable and why?
The owner of the dog is, because they're held responsible for the actions of that animal as the owner of it.
When a business owner dies who is responsible for the debt?
If it is a sole proprietorship, then the estate will have to pay the debts. If it is a corporation, and the "owner" held all of the stock, then the corporation will have to pay all the debts.
If a minor gets a tattoo at someone's house without the child parents consent can the owner of the house be held responsible?
Yes.
Can police refuse to release a repossessed car that they hold?
It depends on the reasons the car was repossessed and what the local laws are. If the car is being held as evidence or to be processed for evidence, it can be held as long as it is needed.
