by Anonymous on June 28th, 2009

Anonymous

Question

Help answer this question below.

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?

  • Like
  • Report

Answers. 3 helpful answers below.

  • by weatherman taking week or so off on June 29th, 2009

    weatherman taking week or so off

    There are some legal aspects to consider. First, who is on the title of the vehicle? Probably the mother. Next, who is the car registered to? Probably same. Next, who is paying the insurance? If not also your mother, then there could be some legal wranglings associated with a verbal contract between your mother and the friend. If all three are in her name, it almost certainly will be seen in court as your mother letting the friend borrow the vehicle.

    No comments. Post one | Permalink

  • by john pennington on June 29th, 2009

    john pennington

    She needs to recover this vehicle asap. if the other person has an auto accident in the vehicle, your mother will eventually be liable.

    Its not only the late payments that should concern you. its liability.

    No comments. Post one | Permalink

  • by JanZizka on June 29th, 2009

    JanZizka

    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'.

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

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?

Follow us on Facebook!

Related Ads

ANSWERBAG BUZZ

Letting a friend take over payments on a car
How to take a vehicle back from a friend
Contract to take over payments on vehicle
How to recover vehicle from take over payments
Contract to take over payments on a vehicle