Legal Question in Credit and Debt Law in Georgia

assuming loan

How do I legally assume car payments? Am buying Dads car.


Asked on 11/26/07, 6:05 am

1 Answer from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: assuming loan

Car loans generally CANNOT be assumed without the written approval of the lender. Contact the lender (who usually will say no). Generally you must get a new car loan yourself.

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Answered on 11/26/07, 6:44 am


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