YES! Do not release the title of the vehicle until it is COMPLETELY paid off. Once they hold the title, they can stop paying and there is nothing you can do... legally.
no,you should have title.
nothing you can do without a title in your name
Either party ON THE TITLE is entitled to possession, but someone will HAVE to make payments or it will be repoed.
You can if you listed yourself as the lien holder of the car at the time you transferred the title to the person making payments. If you did not do this at the time you transferred them the title, you can not legally do anything.
Yes..... I did
I would insure any car that I was driving or making payments on. If you are on the title then you are an owner.
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.
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.
If you possess the title, then you own it. If you've been making the payments, you should know whether or not you've defaulted on them. If you haven't finished making the payments, the financier owns that vehicle.
About 2 weeks after you make the last payment.
Possibly. Contact an attorney for a definite answer.
No. Only the lender can "repossess" a vehicle. You need to keep making the payments to protect your own credit. It is likely you would need to bring a court action, prove you are making the payments and petition the court to order a transfer of title.