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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.
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Can I have someone take over payments of my car?
You can have someone take over the payments if they meet the credit requirements of the bank you have the financing with. You might also be able to get someone that wants your car to get their own financing to pay off your car.
How can one get someone to take over car payments?
The best place to go for advice about someone taking over car payments is the local bank. They will be able to offer advice about what to do if someone is no longer able to pay their car payments.
Can someone take over car payments in a vehicle sale in Texas?
Yes
How do you take over car payments from someone else?
Contact the lender and get their approval.
How do you get rid of a vehicle with negative equity?
Let someone else take over the payments.
Is it better to let take someone take over payments with a contract?
depends. but contract is better than no contract
Can the primary borrower of an auto loan replace their name with someone else's for them to take over payments?
no
Is there a way of having someone take over payments of my auto loan?
Yes, but it has to be with the agreement of the lender.
How do you sell your car and have someone take over payments?
For someone to take over the payments they must essentially get a new loan for the payoff amount in their name. This new loan will pay off your loan and will make thir payoff amount higher than yours.
Is it illegal to have someone take over payments without putting the car in your name?
Only you would have that problem.
Can car payments be taken over when someone dies?
Best way to do this is to talk to the place that holds the note on the car. They will usually work out something. If someone has power of attorney it would help out. They could just simply do a take over payments on the books.
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.
