He owns the car legally now that he has the title. The only thing you can do is gather financial evidence that you paid those 3 times and ask him for the money. If he refuses, take him to small claims court. You will win. If the person's name is not on the title he or she has no legal rights to the vehicle. Simply having possession of the title to a vehicle or any property does not confer ownership rights. A cosigner who is not included on the title cannot keep possession of it until they are reimbursed for payments made, they must use the due process of law. If the person's name is not on the title then the bank has made a serious error and has placed itself in the postition of being sued by the primary borrower if that person so chooses.
ANSWER It sounds like you're saying that you were the primary purchaser, and the co-signer only made three payments the length of the loan, correct? In that case. you guys both are probably on the title, and, to get the vehicle/title back is to arrange to oay him back for the three payments they made during that time. You can probably come to an amicable agreement like you pay them back for the total amount they spent on the vehicle and then have them go with you to the registration office in your city so that they can sign the title over to you.
Pay the loan off and then collect payments from the person you cosigned for.
Generally through a credit check.
A cosigner signs the debt agreement and the lender can demand payment from both the debtor and the cosigner. A guarantor does not sign and the lender needs to go through the debtor before demanding payment from a guarantor.
Although it is very difficult to get loan without cosigner. Majority of the students don't apply because they don't have any cosigner. But now a day many organization are helping such student who don't have any cosigner. You can apply for such loan that not required cosigner. These loans called no cosigner student loans. You can find a detailed procedure through link that is in "Related Links"
Unless you are also on the title you will need to do it through a lawsuit.
A cosigner can only be relieved of the financial obligation through refinancing of the loan without the current cosigner's participation.
This would generally be payments over the internet, or through an ATM.
yes craiglist payments can go through paypal as long as you and the buyer have a paypal account.
If payments are being made through the system, and/or through payroll deduction, 4-6 weeks.
A stafford or perkins loan, yes, IF you qualify through the FAFSA.
Continue to make your payments through Colorado until notified otherwise. CO SDU should transfer the payments to Tennessee.
I am going through this same thing right now. It appears that their are no options but to pay it. Then you might be able to sue them for the money, but if they don't have it, you wont get it.
If the payments do not go through the court, they are not counted as being made as ordered.
It is possible to obtain a Student Loan without a Cosigner if you apply through a Government Loan Program. One such Program is the Stafford Loans. You do not need an Income or Credit History to receive a loan.
The short answer is, nothing good. As a co-signer, you are still responsible for making sure the mortgage payments are made in full on time. However, you should talk to the bank that holds the mortgage to see what you need to do, particularly if the title of the house doesn't come to you through the will or settling of the estate.
To get a DNA test through court you have to file through your local courts and also notify the court of why the test is being requested.
If your disability payments are through the VA then they are tax free and are not considered taxable income.
No, only the lien holder of the car can repossess it. If the primary on the account can't make the payments, the co-signer becomes leggaly responsible for the debt. No. You have to go through the legal processes and sue for the car. If the primary owner of the car is not making payments and you can prove to the court that you have made the majority of the payments, then you may be able to get the car. You should never co-sign in the future, too much is at stake when you do. If your name is the only name on the registration, then you can take the car from the primary owner - call it in stolen if they refuse to give it up. Technically, the owner is the person on the registration - no matter who pays for the car.
In a few states both the primary borrower and the cosigner must be notified by the lender through a "Right To Cure" notice before repossession action can occur. In Wisconsin a replevin order is necessary before a repossession can take place, but the cosigner is not always notified. In the majority of states the lender does not need to give either the primary or the cosigner notice of repossession action.
A cosigner can only be removed from a loan through refinancing of the original agreement.
No it will only reveal whatever test is requested. There is no blood test that will reveal nationality
Keeping citizens in line through fear and violence is not the best way to control a situation. In many places this is even considered against the law.
went through that myself its 3
collecting tuition payments for kindergarten through 12th grade
through moving around and keeping warm.