ANSWERS: 4
  • i would guess there can only be one owner. your loan company is the owner. you are making the payments. you should talk to your lender about getting your ex bf's name removed from the loan papers. it shouldnt be a problem.
  • He'll probably have to sign something to get his name off. :)
  • This is a contract between two people. I would base my decision on the cars title. Are both names on the title? If so, its 50-50 ownership and recognized as so, by your state. This is civil and you will need an attorney.
  • FYI, the lender cannot remove a name from the loan or the title. It has to be done after the car is paid off. The title will then be mailed to the billing address. Once received, you will need the consent of the co-signer/co-buyer to remove a name. I happen to be in the exact situation. My problem is that I no longer have any contact with my ex as he moved out of state and am also looking for other ways to remove his name once I receive the title. In Texas atleast, the only way is consent of the co-owner or a divorce decree stating the car is mine. Neither party can sell the car without the consent of the other. I have made every payment and at least the title will come to me. The other side to that is that he cannot do anything with the car without my consent. Positives and negatives, but eventually I will want to sell the car which I will only be able to do if his name is removed from the title.

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