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Can you be sued if you are a co-signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Jcs0215
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
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∙ 17y ago
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As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?
Nope.
Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
After cosigning on an auto loan and that car is traded in are you still the cosigner on the new vehicle?
No. You are only cosigner on the one vehicle you signed for. All bets are off once the car is traded.
How can you find out if you are a co-buyer or a cosigner on a car loan and would your name be on the title and registration if you are a cosigner?
Easy, you can check your own credit report OR go to a registries office and do a quick search. A simpler method is to ask the person that is the primary borrower/buyer or call the lender. Either a cosigner or co-buyer can be listed on the title depending upon the agreement made by the persons involved. The title to a vehicle determines ownership, a cosigner generally has no vested interest in the property only the responsibility of the debt.
If there is a cosigner can they take the vehicle if the loan is in good standing in North Carolina?
No, a co-signer has no legal right to a vehicle unless they are on the title.
Can you be sued if you are a co signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
Is your insurance liable if your vehicle wasn't involved in a fatal accident?
If you were driving someone elses vehicle and involved in an accident whether it be fatal or not then the person who owns the vehicle should have insurance on it and then the accident would be covered on that policy but if it goes over the amount that they have then its possible for yours to kick in and pay any extra.
Who is at fault if an underage driver wrecks a car and no other car is involved in the accident?
If there is no other vehicle involved in the accident, then the only person who can be at fault is the underage driver.
Can you be sued if you were the company driver of commercial vehicle involved in an accident in SC?
Yes they can.
As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?
Nope.
What is the journal entry to write off a motor vehicle involved in an accident?
Debit loss of motor vehicleCredit vehicle account
Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
Would insurance cover the accident if you were in an accident but were not on the insurance policy but you had your own vehicle and insurance on it?
If the car that was involved, in an acident was insured yea!
When in an accident in the UK what compensation does one get?
If involved in an accident in the United Kingdom, you are entitled to compensation to cover the price of your vehicle and personal injury. You merely have to have photos of the damage to the vehicle and/or personal injury.
If the cosigner has had possession of vehicle 15 months paying the payments does the primary have the right to the vehicle?
will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle
Can a cosigner in California take possession of a vehicle if the primary borrower is not making the payments in Georgia?
Only if the cosigner is also named on the vehicle title.
Patients involved in a motor vehicle accident thrown out of a vehicle presents with an immediate life threatening injuries?
Keep still & not move
