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What else can I help you with?
As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?
Nope.
Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
What legal rights does a cosigner have to a vehicle?
A cosigner of a vehicle loan is typically equally responsible for the debt if the primary borrower fails to make payments. However, the cosigner does not have ownership rights to the vehicle unless specifically stated in the loan agreement.
Can a cosigner register a car?
Yes, a cosigner can register a car, but they are not the primary owner of the vehicle. The cosigner is responsible for the loan if the primary owner fails to make payments.
After cosigning on an auto loan and that car is traded in are you still the cosigner on the new vehicle?
No. You are only cosigner on the one vehicle you signed for. All bets are off once the car is traded.
Can you be sued if you are a co signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
Is your insurance liable if your vehicle wasn't involved in a fatal accident?
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.
Who is at fault if an underage driver wrecks a car and no other car is involved in the accident?
If there is no other vehicle involved in the accident, then the only person who can be at fault is the underage driver.
Can you be sued if you were the company driver of commercial vehicle involved in an accident in SC?
Yes they can.
As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?
Nope.
Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?
A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.
What legal rights does a cosigner have to a vehicle?
A cosigner of a vehicle loan is typically equally responsible for the debt if the primary borrower fails to make payments. However, the cosigner does not have ownership rights to the vehicle unless specifically stated in the loan agreement.
What is the journal entry to write off a motor vehicle involved in an accident?
Debit loss of motor vehicleCredit vehicle account
Would insurance cover the accident if you were in an accident but were not on the insurance policy but you had your own vehicle and insurance on it?
If the car that was involved, in an acident was insured yea!
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 cosigner in California take possession of a vehicle if the primary borrower is not making the payments in Georgia?
Only if the cosigner is also named on the vehicle title.
When in an accident in the UK what compensation does one get?
If involved in an accident in the United Kingdom, you are entitled to compensation to cover the price of your vehicle and personal injury. You merely have to have photos of the damage to the vehicle and/or personal injury.
