Legal Question in Credit and Debt Law in California

Co-applicant on car loan

I became a co-owner of a loan for a vehicle several months ago. The other party has not been making the payments as we agreed, but has possession of the vehicle. The lien, the title and the registration are all in both of our names. What recourse do I have if the other party continues to refuse to make payments on the loan.


Asked on 8/17/06, 8:54 am

2 Answers from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Co-applicant on car loan

You may take possession of the car. You have a legal right to possession. Depending on how title is held, you may be able to sell the car.

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Answered on 8/17/06, 10:41 am
OCEAN BEACH ASSOCIATES OCEAN BEACH ASSOCIATES

Re: Co-applicant on car loan

You can sue for breach of contract and garnish wages or obtain other remedies to suit your needs. Call me directly at 16192223504 practicing in most Counties in California with 18 years experience.

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Answered on 8/17/06, 5:15 pm


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