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To take over payments on a vehicle, you typically need to contact the current owner or lender to discuss transferring the loan or lease agreement into your name. This process may involve a credit check and approval from the lender. It's important to carefully review the terms of the existing agreement and consider any potential risks before proceeding with the transfer.
What else can I help you with?
Can you assume car payments on a vehicle?
Yes, you can assume car payments on a vehicle by taking over the existing loan or lease agreement from the current owner.
Is the take over payments car for sale still available?
Yes, the take over payments car for sale is still available.
If the person you cosigned for refuses to pay on the car loan after a year and a half can the cosigner take over payments and get possession of the car?
Only if they are a joint title holder of the vehicle.
Can a cosigner take over a car loan if the primary borrower is unable to make payments?
Yes, a cosigner can take over a car loan if the primary borrower is unable to make payments. This means the cosigner becomes responsible for making the payments on the loan.
How do you get a co-buyer off of a car loan if they are in default?
You don't. If the cobuyer has possession of the vehicle and is no longer making payments, you as the buyer may take possession and either take up and make current the payments, or voluntarily surrender the vehicle. Failure to do so will result in repossession, and will adversely affect your credit.
How do you take over the payments of a vehicle?
You must talk to the lender who has a lien on the vehicle. It is up to them if you will be allowed to take over the payments.
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
Can someone take over car payments in a vehicle sale in Texas?
Yes
How do you get rid of a vehicle with negative equity?
Let someone else take over the payments.
If you bought a car and the title and loan are in your name but you allowed a friend to take over and now the friend has stopped making payments can you take the vehicle back?
As long as the title and loan are in your name the car is yours. Any payments missed will effect your credit. Take the vehicle back, now.
Do you have a right to take a car away if you are the cosigner?
Well if the original person that you co-signed with defaults on the payments and you are stuck with the payments, technically it is your vehicle and you can take the person to court and take control of the vehicle.
Can you assume car payments on a vehicle?
Yes, you can assume car payments on a vehicle by taking over the existing loan or lease agreement from the current owner.
What can be done to you in Florida if you are the cosigner on a vehicle that is up for repossession but your husband is in possession of the vehicle and they cannot find it?
They will come to you for the money if they can't find him. It will be on your credit as a repo as well. As a co-signer, you sign that you will take over payments if the signer fails to make the payments.
If the cosigner is on the title can they take vehicle if person is not making the payments?
Yes..... I did
Is the take over payments car for sale still available?
Yes, the take over payments car for sale is still available.
How does one let someone take over your 2006 Ford Escape payments?
Contact the lender. They wil have to agree to this. After all they hold the lien to the vehicle, and legally it is their vehicle until you pay fo it.
Took over car payments can they take it back even if i made car payments on time?
I assume you took over the payments after the other owner missed payments. If you are caught up on all the payments then there would be no reason for them to repossess the vehicle. You need to contact the lender ASAP to make sure everything is fine. Failure to contact the lender may create a bad situation.
