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How do I buy a car for my mom and keep the payments in my name?
Wiki User
∙ 15y ago
You should check with the finance company. Some finance companies will not knowingly allow a "straw purchase" which is where you finance something your name when the item is intended for another person. I'm not sure about this part: but it may be illegal in some states. You may want to check the law also.
Wiki User
∙ 15y ago
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Is it illegal to buy a car in your name but someone else make the payments?
yes
Husband deceased car in his name not paid for can wife keep paying payments and keep the car?
The person/company that sold the car wants their money. They don't care who pays it, as long as it gets paid. Condolences for the loss of your husband, but you get to keep the car as long as you keep making payments.
Can you buy a new car if you have a lien in your name on another car?
Yes. This happens all the time. If you have a car you're still making payments on (and which will therefore have a lien on it), and you want to buy a new car, as long as your credit is good and you can afford the new payments as well you shouldn't have a problem.
Can you buy a car for your kid and they make the payments?
If you cosign the paperwork will come in your name and if they dont pay it comes back on you.
How do you keep a repo man from taking your car?
keep up your payments
What causes the repossession of a car?
If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.
If you file Chapter 7 and include your car how long do you have before they come and get it and how can you buy some more time?
Keep sending payments and the creditor should be happy.
What can you do if your car blows up while you are still making payments and you can't afford to make those payments and buy another car?
Depends on what you mean by
Can a car be traded in for a used less expensive car if the payments are not up to date?
Dang right. They will love you. Get the payments up to date and sell your car. Then buy you something cheaper.
You helped a friend get a car in your name only Now he has given the car back to you because he was able to get a car in his name after having a credit wipe What can you do?
Sell it? Keep it? It's in your name. Do whatever you want with it. If there's a loan on it, and the car's worth less than the loan, you'll have to eat the difference if you sell it. If the loan is in your name you have to make the payments. You could let it be reposessed, but the loan company will sell it and come after you for the difference in what they get and what you owe. Never buy a car for a friend.
Can you keep the car that was in your husbands name after he dies if you continue making the payments?
Yes, you would be able to do this as long as you contated the people and explained the circumstances.
What is the legal age in Washington state for a child to buy a car?
If you have a driver's license you can own a car. But you can't go into a car lot and buy it unless you have cash. Otherwise, you need an adult to sign papers and make the car be in their name, to make sure the car payments are made. You could buy a car from a private individual without problems.
