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Can the primary signer of a car take it away from co-signer if all the payments were made and up to date by co-signer?
NO
Can a cosigner take property if they haven't made any payments?
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
Does a co-signer have the right to take the car if you are behind on payments?
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.
Can the lender take to me to court if I am just a cosigner for my friend and he could not pay the remainder of his car loan?
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.
You bought a Ford truck you needed a co-signer you have made all payments on time for seven months can co-signer take your truck she already has taken it what can you do?
call police and report truck stolen
Can your co-signer take your car if you have been paying the loan?
Your co-signer may or may not be able to take your car. It depends on how the title reads. It does not depend on who made the loan payments. However, if you had a verbal agreement, that is a legal contract in this state enforceable by a court of law. You may wish to inform your co-signer of that fact. That is especially true if you kept a paper trail of your car payments.
Can a co-signer take over a car loan?
Yes, a co-signer can take over a car loan if the primary borrower is unable to make payments. The co-signer would then become responsible for repaying the loan.
What happens when a co-signer on mortgage dies would the estate for the co-signer have to pay off the mortgage?
if your on the title be prepared to take over the payments.
Is the co-signer responsible for for the primary not paying timeshare payments?
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 you get a car loan at 17 with a co-signer?
Yes, you can get a car loan at 17 with a co-signer who is willing to take responsibility for the loan if you are unable to make payments.
If you co-sign on an apartment and the leaser doesn't make payments can they take your home that you own for payment?
no the co-signer will have to make payments or they will be removed from residence.
If the lender doesn't want the car how would the co-signer take over payments?
The co-signer would make the payments as usual and at the end of the financing, the owner would sign the title over to the co-signer. That is probably not good because the owner would still be financially responsible for the vehicle. The co-signer should refinance it in their name.
