by Answerbag Staff on February 21st, 2010

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Is it legal to take over car payments?

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by Jennifer B. Duffey on February 21st, 2010

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If done properly, it is perfectly legal to assume or take over car payments from another individual. The best way to facilitate this is to modify the loan with the new payer information. If that is not an option, read the loan agreement thoroughly to ensure full compliance with the contract.
Source:
Illinois Legal Aid
Take Over a Car Loan
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Is it legal to take over car payments?

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