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What are your rights if you paid a relative's auto loan off and have possession of the vehicle?
Wiki User
∙ 19y ago
In all states the way the vehicle title is worded determines the ownership. Even when someone pays off a loan, unless their name is on the title they do not own the vehicle. The person who the vehicle is titled to has the legal right to recover it from whomever may have possession. The party who paid the loan would have to file a lawsuit to recover their expenditure if the vehicle owner would not voluntarily submit repayment.
Wiki User
∙ 19y ago
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If the cosigner has had possession of vehicle 15 months paying the payments does the primary have the right to the vehicle?
will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle
Can a repo company take possession of vehicle from a place of business like an auto repair shop?
Yes.
Is an auto repair shop responsible for your car while it is still in their possession for repairs?
Yes they are responsible for the vehicle .
What are Texas laws when someone doesn't pay for repairs on automobile and leaves the car in possession on auto shop?
The key term in this question is 'leave'. Do you mean abandoned or the auto shop took possession of the vehicle when the customer did not pay? If you clarify this I will be able to help.
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No. Once a lien has been enacted as a forced sale the person loses rights to the vehicle. Redemption options do not apply to vehicles.
What if your dad co-signed your car for you then came and took it from you and changed the locks and ignition what are your legal rights?
If the co-signer had to make any payments on the vehicle, I think he has a right to take possession of it, much the same way as a repo-man. huffanpuff wants to know who is the auto registered to/ what name is on the title.
As a cosigner does the auto loaner have to let you know they repoed the car?
No, the lender is not even required to notify anyone in all states. If you happen to be the person in possession of the vehicle, it is possible, quite likely actually, that the repossession agent will be kind enough to allow you to secure your personal property. Take advantage of this, as the agency is well within their rights to charge youstorage for any property left in the vehicle.
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Is it legal for a repossession company to move a car that is blocking the car they want?
When the tow truck makes contact with another vehicle it is in possession of that tow/repo company. If they connect to another vehicle to "move" it they are in possession of that vehicle without cause or permission. This is technically a stolen auto at that time. It is NOT legal to move other vehicles to get to another. A good repossession agent with proper use of his tools can get a vehicle out of even the most tightly squeezed places. Before you accuse a repo agent of "stealing" a vehicle, make sure he actually did!!!
My dad cosigned for my husband 2 yrs ago on an auto loan Husband abandoned family and is not making payments as his wife can I take possession of the vehicle so my dads credit is not ruined and i pay?
No, but your father can, and then he can turn the vehicle over to you for you to register. If your father is not able to take possession of the vehicle, it would be best for him to contact the lender and provide any location information of the vehicle. Notify the lender that in the event it is repossessed that he has the desire to redeem it, but you will likely need to bring the balance current.
