8 years ago????? I think statute of limitations may apply here I definitely agree, it is highly unlikely that this could be a valid lawsuit. The one exception could be that laws governing SOL's for litigation action state the action must be filed before the SOL expires. There is a small chance that the suit was filed before the SOL expired and the court is only now setting a date for trial. The best option is for the defendant to obtain legal advice before taking any other action. The majority of attorneys offer free or minimal fee consultations. The American Bar Association has a free nationwide referral service on their website, http://www.abanet.org
Yes.
No, you would have to redo the loan.
It's not the owner of the vehicle's fault because if that person got in an accident there is nothing the owner could do. If this happened to you, the person borrowing should pay the bill.
If you were driving someone elses vehicle and involved in an accident whether it be fatal or not then the person who owns the vehicle should have insurance on it and then the accident would be covered on that policy but if it goes over the amount that they have then its possible for yours to kick in and pay any extra.
If a person's name is listed on a title, that person owns the car. If a person merely cosigned the note, that person's name will not be on the title. If you own the car, you certainly can take physical possession of it.
That is called Manslaughter. Which means to kill someone by accident.
The owner of the vehicle is responsible for whatever it does unless you can prove that someone else was driving.
You can have another person cosign for that person. As long as your the primary you wont need her to get her off the lease.
if you are from 'merica
By excluding a person from an auto insurance policy, you are stating that the "excluded" person will not drive the insured vehicle, and that you understand that the "excluded" person is not covered by your insurance in the case of any traffic violation (accident, ticket, etc.). It means there is no coverage available to the excluded person in the case of an accident while driving the said vehicle. There will be NO COVERAGE.
Pay the loan off and then collect payments from the person you cosigned for.
YES, you can include it whether the payments are current or not.