Can you sell a car you are making payments co-borrower?
Co-borrowers would both have to agree to sell and sign the paperwork to sell a car you are making payments on. This could not legally be done by one person.
What do you do if you can not afford to continue making the car payments on the totaled car while making payments on the new car loan?
If you own your car or house and are no longer making payments should you still have insurance on them?
If I have a car loan with sister we are both on the title as owners can she take your car and sell it can you file a civil suit to remove her name since i am making the payments?
Keyword here is someone is still making payments, right? If someone is making payments then the owner of the car is the lending agency, not either of the two 'registered' owners. If this be the case, nobody can sell this car without the written authorization of the lending agency. Doubtful that either party could sell the car without having clear title to it ... the actual legal ownership document without the lien holder information. The…
Yes you can sell it and even have it registered to the new owner, but the lien will remain on the vehicle until its paid. The new owner can make payments to you but if they fall behind it will land on your shoulders. The best bet is to have the new owner pay you the amount of the loan upfront as payment for the car, therefore you pay your loan and they buy their…