Yes. It is the stated purpose of a co-signer to take responsibility if the primary signer is unable or no longer interested in fulfilling the obligations they signed for.
can a primary co signer take the car away from a secondary co signer
If I'm a buyer and I want to keep the automobile, can the co-signer take it away if all the payments has been made. I put the down payment on the truck and the insurance in my name.
I got car at Drive Time told me take car back and I made all payments on time
a co signer has a right to protect their credit- if you are not paying then legal action can be taken by the co signer
Yes, if the co-signer takes over the payments they are entitled to chattel.
When you fail to make payments, they go after the co-signer. It can affect his credit. If he makes the payments he can take the car. You wouldn't want to make payments for someone else's car.
The only way that a co-signer can take possession of the vehicle is if they are listed on the title as a co-owner. Even if they are a co-owner, they cannot just take the vehicle. They would need to sue the primary borrower in court to gain possession.
Not unless the the cosigner is on the vehicle title. If not on the title the only entitlement the cosigner has is to pay the bill.
Yes. That is the job of a co-signer, to make sure the signer makes the payments or to make the payments if the signer cannot.
If the cosignatory is willing to take over the payments, and the creditor agrees. But if the primary borrower rufuses to cede posession then yes.