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well, if you want the loan AND the car, go get it. Tell the bank that you will keep the car.The bank really doesnt want the car, they want money.Otherwise, the bank will let him give it up if he cant pay. THE co-signor is the one with GOOD credit. If the signor didnt need help getting the loan, there would be no "co" signor.

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โˆ™ 2015-07-16 19:23:20
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Q: If you are the primary cosigner on a car and your son is the secondary cosigner can he legally have the car voluntarily repossessed without your consent?
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Related questions

Can you replace a cosigner for an apartment with another cosigner?

Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.


Is the cosigner of an auto loan responsible for the loan if the loan was refinanced by the buyer without the knowledge or consent of the cosigner?

No, the refinancing without the consent or knowledge of the original cosigner created a breach of the original lending agreement and the cosigner is no longer legally obligated for the debt.


Can a cosigner have a primary title holder taken off the title?

If you go to the registration office with the primary and have them give consent to the cosigner


The essential ingredient for valid consent to search is?

Voluntarily offering information.


Once the cosigner signs the contract can the borrower take more money out?

Not w/o the knowledge and consent of the co-signer.


Can you sEll your home without the cosigners consent?

You don't need the permission of the cosigner on a loan to dispose of your property.If they're a co-owner, then you do need their consent, regardless of whether they're also a "co-signer" or not.


Can a security officer only make a search when a suspect voluntarily gives permission?

Yes, a search can always be conducted when there is consent.


Can the father of a child sign his custody rights over to a grandparent?

Not if there is a mother in the picture who has custody rights. If the father has sole custody he can voluntarily consent to the appointment of his grandparents as guardians but it will need to go through the court. You should consult with an attorney.Not if there is a mother in the picture who has custody rights. If the father has sole custody he can voluntarily consent to the appointment of his grandparents as guardians but it will need to go through the court. You should consult with an attorney.Not if there is a mother in the picture who has custody rights. If the father has sole custody he can voluntarily consent to the appointment of his grandparents as guardians but it will need to go through the court. You should consult with an attorney.Not if there is a mother in the picture who has custody rights. If the father has sole custody he can voluntarily consent to the appointment of his grandparents as guardians but it will need to go through the court. You should consult with an attorney.


True or False Consent is agreeing through actions or by saying Yes agreeing to an action freely voluntarily and with knowledge of the nature of the act?

true


How can my property be transferred to another person without my consent or knowledge?

It can only be done through legal means. If there are liens against the property, it can be transferred or repossessed.


Can a 17-year-old with parental consent move out in the state of Virginia?

Yes you can if you have parental consent although it may be difficult for you to get an apartment under your name in which case you would need a cosigner or maybe your parents would help you out with that hope everything works out good luck and God Bless!!!


Can a lender alter the terms on a loan from Balance Due in 30 Days to a 1 year payment plan without the consent of the cosigner?

I wouldn't think so. Call a local attorney for state specific advice.

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