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What if your name is on the loan for someone else and they failed to pay the loan?
Wiki User
∙ 14y ago
Unfortunately, you would be held responsible for that debt and would have to pay it.
Wiki User
∙ 14y ago
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How do you put your car loan in someone else's name?
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
Suing someone if they failed to pay for a personal loan that was in my name?
It will be easy to sue them if you had it in writing that they were responsible for the loan. If not, it will be difficult to prove since the loan is in your name.
Can someone purchase a vehicle then register that vehicle to someone else but continue to pay for the loan?
Yes, you can take out a loan for a vehicle for someone else and make the payments on it, but the only way you can put the vehicle in their name is if you have their permission.
Can a husband let the wife take over the loan of a house without her having rights to own the house?
If the loan by the Bank than it will be on your name. Do not pay loan if someone else as name to the loan.
Can the primary borrower of an auto loan replace their name with someone else's for them to take over payments?
no
Can someone else insure a car if the loan is in your name?
Depending on the state you must at least cosign.
Can you get a auto loan but put the car in someone else name?
You can cosign but both names will be on title.
What should you do if someone else has taken out a loan in your name?
You should call the police and let them know.
Can you insure a car that the loan is in someone else's name?
Insuring a Vehicle in someone else's name.Yes you can. So long as you also list the owner as an insured. See the related questions below. Other AnswersNo, the insurance needs to be in the same name as the person on the loan.
If you moved to another country but still have a car loan can you refinance that loan in someone else's name?
The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.
If you have cosigned for your mom how can you get your name off of the car?
I assume you mean how do you get your name off the car LOAN! The only ways to do that would be to either pay off the loan or have your mom refinance it under just her name (or get someone else to cosign THAT loan)
You bought a car from someone but never registered it and you want to sell it to someone else. Can they still get it registered?
Do you have the title of the car in your name? Is there a loan on the car? You will have to register it if your name is on the title!
