Legal Question in Credit and Debt Law in California

my sister in law and i...bought a car...we're both on the contract..how can i get out of the contract...?

she's agree that i want to be out... what can i do


Asked on 8/13/09, 8:54 pm

1 Answer from Attorneys
Larry L. Doan Law Office of Larry L. Doan

You can't just "get out" of the car loan since you signed the loan agreement, except in very tiny number of circumstances such as if the car was a lemon, fraud, etc. If your sister-in-law agrees for you to be out, which I assume what you mean is for you to not contribute to making payments on it any loner, then she should continue making the payments herself. Otherwise, the car will be repossessed upon default.

Read more
Answered on 8/13/09, 9:32 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in California