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How do turn over a car to another person and have them take over the payments?
Wiki User
∙ 15y ago
Contact the lender. They must approve this, so you need to talk to them.
Wiki User
∙ 15y ago
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How do you have someone take over payments?
You and the person wanting to take over the payments, go in a sit down with the lender who holds the note, and talk about it. The lender must agree to this for it to happen.
What is a person called when they can take over another persons body if that person is sleeping?
Over take
You have a car loan can another person take over the payments?
If the loan company approves. If the loan company does not approve and transfer the loan you would still be legally responsible for the debt.
How does car lease take over work?
A car lease takeover is when a person takes responsibility of payments on lease for another person. To execute a lease takeover, the new lessee must fill out a credit application and be approved.
How do you take over the payments of a vehicle?
You must talk to the lender who has a lien on the vehicle. It is up to them if you will be allowed to take over the payments.
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
Do you have a right to take a car away if you are the cosigner?
Well if the original person that you co-signed with defaults on the payments and you are stuck with the payments, technically it is your vehicle and you can take the person to court and take control of the vehicle.
How can you take over payments?
Contact finance company
If you are the co-buyer and you are the one making the payments can the buyer take your auto away?
Cosigning for ANYONE is one big mistake. If the person you cosign for is not making the payments then the person that cosigned is responsible for all payments. I have no idea why anyone would want to do this. Unless there were stipulations in the contract you signed with the buyer, then no, they can't just up and sell the car. Take another look at your contract. Marcy
Can you have a total stranger take over your car and make your payments for you?
It is best to have the person buy the vehicle off you straight out. Then in turn, with the money you receive from him/her you pay the remainder of the loan. It gets too complicated for someone to take over car payments and you sure don't know this person. They could well leave the country and leave you holding the bag. Good luckMarcy
If the cosigner is on the title can they take vehicle if person is not making the payments?
Yes..... I did
If you bought a vehicle and you still owed money on it can you sell it to some one and have them take over the payments?
It is not a good idea. If that person does not make any payments then you are on the hook. The ownership can not be changed anyway, because it is listed as security under a registry.
