Legal Question in Credit and Debt Law in Florida
Co-Borrower on Auto Loan in need of HELP!
Long story short, I'm the co-borrower on an auto loan taken out with an ex-girlfriend. Since the split up she hasn't made any payments. I have been making them for the past 6 months..and am sick of it. Both of our names are on the title conjoined with an ''or.'' Does this give me the right to take posession of said vehicle? Or what are my other options? Thanks.
1 Answer from Attorneys
Re: Co-Borrower on Auto Loan in need of HELP!
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Generally the owner's name is on the title which is usually the leasing company. Perhaps both of your names are on the lease? If you both have equal rights, then you can remove the car from her possession. She will
probably file a police report but it is doubtful that the police will choose to get involved in a civil matter and refer her to the court.
Alternatively, you may wish to go to court and ask for her to pay you the money you have already paid for the lease and to be required to make all future payments if she retains possession of the vehicle. The only other option is to somehow get the lease rewritten in her name only or else you will continue to be responsible for the balance of the lease.
Scott R. Jay, Esq.