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If you financed a car in your name for a friend what must you do to take it back?
Wiki User
∙ 14y ago
It depends on what state you are in and why you are taking it back. I helped a girlfriend's niece buy a car that she drove for 6 months and made 2 payments. I paid the past due payments and gave her 30 days to get me 5 payments or bring me the car. I made 3 copies of that letter and all 3 of us signed each other's copies. She brought it back and handed us the keys 3 weeks later.
So work it out with your friend if you can. It gets MUCH more expensive when you get lawyers involved.
Wiki User
∙ 14y ago
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The Queen of Spain financed Spanish colonization in the New World. The Queen also financed exploration in the name of Spain.
Is it possible for insurance to be a different name than registered owner when car is being financed?
The short answer is that the person who is on the policy, must have a financial interest in the vehicle.
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Can the registration be in your granddaughters name if you are financing the car?
yes, just as if the bank financed a car, registered in an operator's name.
A friend of mine gave you a gun as a gift It is still registered in his name He said he wants it back Do you have to give it back to him?
Well yes you should because it is registered in his name.
What is Hannah montanas best friend called?
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I bought a car in October and put the title under the name of a friend but we are no longer friends and I want the car back do i have any rights to get it back?
You signed away those "rights" when the title was assigned into the name of the former friend. The only way to revert things back on the title, is for the former friend to "sign off" as owner and for you to "sign on" as buyer - then take the ownership document to your local Motor Vehicle office and have the title legally changed to your name.
Can I get sued for car payments made on car in my name after I repo it back from friend that stopped making payments on it car was being financed through dealer N only my name was on the loan title?
Short answer is Yes.Your name is on the title. Your should consult a lawyer and go through the agreement you signed.If you still have the car, you must pay the instalments. If you cannot afford to continue the instalments, you should try to strike a deal with the finance company to return the car and pay off any outstanding balance to that date of return. Arrange a realistic repayment scheme based on your current income and necessary outgoings - rent/mortgage, insurance, heating, food, taxes, etc. Beer and chips for Monday night football are not necessary outgoings, nor is pay-per-view cable.If you had a written agreement with your friend to pay the instalments then you can sue the friend for the money you have had to pay out on their behalf.
What was the name of the first privately financed manned spacecraft to dash into space?
it's spaceship one
If you bought a car and the title and loan are in your name but you allowed a friend to take over and now the friend has stopped making payments can you take the vehicle back?
As long as the title and loan are in your name the car is yours. Any payments missed will effect your credit. Take the vehicle back, now.
