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If you were the cosigner for your son's car and only your name and your son's name are on the title and registration can his wife take the car during a divorce?
Wiki User
∙ 15y ago
EX can assume the loan with the LENDERS permission ONLY. Son can "give" her the car in divorce but you and he are STILL RESPONSIBLE for the payment of the loan. If she wrecks the car while it is your and sons name, you and he will get sued also. Have the lender repo the car OR YOU assume the loan in your name only and get possession. TALK to the lender about this for better advice. ---- Make sure that it is mentioned in the divorce papers, and who makes the payments if it isn't paid off yet. ----
Wiki User
∙ 15y ago
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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
Your car was awarded to you in a divorce Both your names are on the title how do you get your ex-husbands name off the title The car is paid for?
Since it was awarded to you, he needs to sign the title. You can take the title in as well as the paperwork from the divorce which proves you get the car to the county auditor's office (or the place where you get a registration) and get a new title ordered plus a registration.
Can a car be reported stolen if the thief is on the insurance?
As long as the title or registration do not have the thief's name on them....and even if the thief's name is a cosigner you should be able to file a theft report. Ask your local registration office or DMV
How can you find out if you are a co-buyer or a cosigner on a car loan and would your name be on the title and registration if you are a cosigner?
Easy, you can check your own credit report OR go to a registries office and do a quick search. A simpler method is to ask the person that is the primary borrower/buyer or call the lender. Either a cosigner or co-buyer can be listed on the title depending upon the agreement made by the persons involved. The title to a vehicle determines ownership, a cosigner generally has no vested interest in the property only the responsibility of the debt.
How can one remove a cosigner from an equity loan if the cosigner is not on the first mortgage title?
The title has nothing to do with the loan. The loan will need to be refinanced using a different cosigner or only the primary borrowers.
Can a judge order you to remove your soon to be ex-wife as a cosigner in divorce court if the title is in your name?
Yes. The judge can order the spouse who is keeping the vehicle to refinance it in their name only.
Can a cosigner drive a car if they are on the title?
yes.
Can the cosigner get her name off the loan or can she take the car if her name is not on the registration?
The only way to be relieved from cosigning obligations is for the primary borrower to refinance the vehicle. And no, if the person's name is not on the car title they have no ownership rights.
Can a cosigner request half of the insurance check if his name is on the title but he didn't have to make any payments or buy insurance?
Cosigner just means someone who guaranteed the note. What's on the title? If the cosigner is on the title, he/she is entitled to half of the proceeds of a sale or insurance liquidation because it's the TITLE that determines the ownership, not who paid for it.
After the vehicle title has been issued can the bank request a change of title and have the cosigner added.?
In most states, yes, the lender is actually the 'owner' until the loan is paid off and can require that the cosigner be on the title.
What if your name is on the title of a vehicle but does not show on the registration?
Take the title in to your DMV and show it to them, and get a new registration.
Does a cosigner own the property if he pays off the original loan?
The cosigner of the loan owns 1/2 of the property if they are on the title.
