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by JanZizka on June 29th, 2009
If the car is in her name then legally it belongs to her and the late payments are, aside from the obvious problems with holds placed on her funds, likely trashing her credit rating as well. She would be better off taking it back from the bum 'friend' and making the payments herself. If the friend refuses to return the vehicle, well, that qualifies as grand theft auto right there. Give the cops all the information and let them handle this 'friend'.
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You're reading My mother is letting a friend take over payments on a vehicle under her name. the friend is constantly late on payments, causing the bank to put holds on her funds. what can she legally do? can she just take the car back?
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Comments
its fraud, not theft. they had a verbal agreement on the payments and he faultered. the vehicle still belongs to her. she needs to retrieve the vehicle. its still in her name and any accident will come back to her for liability.
by john pennington on June 29th, 2009
My mistake then. Still, should be something that could be done about it isn't there? I hadn't considered the accident issue either, one more reason to get it back in her possession.
by JanZizka on June 29th, 2009