0
If your husband left town with a truck that is titled in his name can you take the truck back if he is not making the payments?
Wiki User
∙ 8y ago
IF your name is on the title as co-owner as in (husbands name and/or your name) OR if you are the leinholder, you can take possession legally. Otherwise you better get to talking sweet to him and get possession if you are only a co-signer on the loan. Better yet, make contact with the lender and try to work it out so you dont get a repo on your CR. Good Luck
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Husband deployed I can't make payments on his truck can his truck be repo?
Yes
I bought a truck from someone and was making monthly payments. This person was not making payments to the bank. The truck is in the process of being reposed by the bank. Can I put a lien on the truck?
nothing you can do without a title in your name
Is it legal to repossess your work truck when you are self-employed?
Yes, if you are not making the payments the bank can repo your truck.
Your husband passed away are you liable for his truck payments?
Yes if he didn't have anything to pay it off with when he passed away
Can your truck be repossessed if you are using it for income?
Yes, your truck can be repossessed even if you are using it to earn an income, however, you can tell your creditor that you are earning money with your truck, and that if the creditor does not repossess the truck you will use that income to make payments on your loan. Of course, if you are not making payments, and spending all of your income on other things, then the creditor has no motive to let you keep the truck.
Can a truck be repossed for buyers stated intent not to pay?
Uh yes. You no pay, truck get taken away. If you are having difficulty making payments try to negotiate lower payments. It costs a bank considerable more to reposses the car than to renegotiate.
What is repossession notice?
The most common type of repossession notice when a person has not been making loan payments for a car or truck. If the lender does not receive payments, the vehicle may be towed away.
You purchased a car with your husband as joint signer He left taking car Is not making payments Is hiding You want car repoed. If lender cannot find car to repo what could be the consequences?
Wow...it's good to know I am not the only one! I co-signed for a truck and we got divorce. He was awarded the truck and was to put it in his name. He never even attempted to get a car loan in his name! He did not make payments and they repo'd the truck. They could not find it and since my name was on the loan (lease) first they called me. I actually tried to help them located the truck. Finally, after 4 months they got him. Trust me, they will find him!
How can a co-buyer take possession of a truck when the primary borrower is not making the payments?
When someone co-signs, they are basically just agreeing to making the payments when the signer can not. * Any legal rights that a cosigner or a co-buyer(borrower) have depend upon whether or not their name is on the title to the vehicle.
Would like to find out who has husban's truck title?
Then ask him? If he transferred the truck title to someone else, it's no longer his title. If he's still making payments on the truck, then it's the financier who holds the title. If he put the truck up as collateral for something, then they're the ones with the title.
You owe 10000 more on the truck than what you can sell for and do not have the money to keep making payments what are your options in Idaho?
Call the finance company and say you are going into bankruptcy and would they like to pickup the truck. don't sign anything.
If a car is titled in someone's name can that car be put on there parents insurance?
As far as I know, at least where I live, it makes no difference who's name is on the title. If you are authorized to drive the vehicle, it can be insured on anyone's policy. The only thing that is required is that the vehicle has insurance, period. I know that in my personal life, I am driving a truck that is in my brother's name, and I am making payments to my mother for it because she accquired the truck from my brother via an even trade for a different truck. I carry insurance on the truck in my name and on my own policy. I don't plan on changing the title over until I have it paid off.
