MY 80 YEAR OLD FATHER BOUGHT A NEW VEHICLE LAST JULY (WHICH i CO-SIGNED FOR) AND THEN HAD A STROKE IN NOVEMBER. WE HAVE TRIED UNSUCCESFULLY TO SELL THE VEHICLE. HE IS IN ASSISTED LIVING AND WE CAN NO LONGER SPEND HIS MONEY FOR THE CAR PAYMENT. OPTIONS?
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Take his car over as your own and sell yours. Either pay his off or continue the payments. Maybe you could sell his and take a loss? If it was new when purchased, and 1 year old now, it's worth a few thousand less than purchase price, even if never driven. -
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