answersLogoWhite

0

Unfortunately, you would be held responsible for that debt and would have to pay it.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

How do you put your car loan in someone else's name?

You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.


Is it possible to refinance a car loan into someone else's name?

No, it is generally not possible to refinance a car loan into someone else's name without the original borrower being removed from the loan.


Suing someone if they failed to pay for a personal loan that was in my name?

It will be easy to sue them if you had it in writing that they were responsible for the loan. If not, it will be difficult to prove since the loan is in your name.


Is it possible for me to refinance my car loan in someone else's name?

No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.


Is it possible to refinance a car loan in someone else's name?

No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.


Can someone purchase a vehicle then register that vehicle to someone else but continue to pay for the loan?

Yes, you can take out a loan for a vehicle for someone else and make the payments on it, but the only way you can put the vehicle in their name is if you have their permission.


Can a husband let the wife take over the loan of a house without her having rights to own the house?

If the loan by the Bank than it will be on your name. Do not pay loan if someone else as name to the loan.


What should you do if someone else has taken out a loan in your name?

You should call the police and let them know.


Can the primary borrower of an auto loan replace their name with someone else's for them to take over payments?

no


Can someone else insure a car if the loan is in your name?

Depending on the state you must at least cosign.


Can you get a auto loan but put the car in someone else name?

You can cosign but both names will be on title.


Can you insure a car that the loan is in someone else's name?

Insuring a Vehicle in someone else's name.Yes you can. So long as you also list the owner as an insured. See the related questions below. Other AnswersNo, the insurance needs to be in the same name as the person on the loan.