Legal Question in Credit and Debt Law in Indiana
name on car loan not on the title
My husband went with his mother a few years ago to purchase a vehicle as a birthday present to his father. Since his mom couldn't be approved for a loan, he signed for the vehicle. We found out recently that his name is the only one on the loan, but his name is not on the title. The title is in his parents names. Is this legal?
Asked on 9/17/02, 9:42 am
1 Answer from Attorneys
John Bator
Bator Redman & Shive
Re: name on car loan not on the title
yes but in the event of default there could some issues in trying to replevin the vehicle
Answered on 9/17/02, 11:17 am