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Message
re: OT Lawyers: Joint auto loan question
Posted on 12/14/16 at 2:13 am to TigrrrDad
Posted on 12/14/16 at 2:13 am to TigrrrDad
quote:
The truck is registered to his name and address,
quote:
I'm assuming that since the loan is in both our names, the title will be also if the loan is paid off - therefore he wouldn't be able to sell or trade in the vehicle without both of our signatures (though neither could I).
make up your mind, it is either titled (registered) in his name or jointly, there is no middle ground
Posted on 12/14/16 at 4:55 am to TigrrrDad
If you dont mind paying for it, club it and walk away.


Posted on 12/14/16 at 6:42 am to cave canem
The registration and title should read the same. If insured is listed on title then he should be shown on the registration. OP is an idiot for a number of reasons
Posted on 12/14/16 at 7:26 am to TigrrrDad
This is one of the dumbest arrangements I've ever heard of. Especially now that you are telling him to frick off. Because you can't tell him to frick off without fricking yourself.
This post was edited on 12/14/16 at 7:26 am
Posted on 12/14/16 at 7:55 am to TigrrrDad
Your best bet is that after a year of the loan payments being made on time possibly his credit is good enough to qualify for a loan on his own. Convince him he should trade and then crawfish on being a co-applicant.
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