Legal Question in Consumer Law in Iowa
I have cosigned on a car loan for my daughter a few months ago. She and I had the understanding that if she could not make the payments, that the car would return to me since I have to make the payments for her. She made 3 payments. I have put in 2000.00 in repairs in her car in 2 months. She lost her job and is not looking for another one. I will have to make the payments and insurance from now on. Can I take the car from her legally if I am on the loan and the title?
Asked on 9/09/09, 4:12 pm
1 Answer from Attorneys
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