Legal Question in Credit and Debt Law in Massachusetts

My parents divorced 3 years ago and as a result I am no longer in communication with my father. He is a co-buyer in my auto loan. Does he have any previlages if I want to either pay off the car in full or trade it in and remove him from the title?

If I pay in full or want to trade in to get a new loan, do I need his approval/signature?


Asked on 2/17/11, 11:24 am

2 Answers from Attorneys
Paul Lancia Attorney Paul Lancia

No, he is only the guarantor on the loan. Once the loan is satisfied, he's is out.

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Answered on 2/17/11, 1:53 pm
Steven Striffler Steven R. Striffler Attorney At Law

Is your dad on the title, if so, you will need his consent to sell the vehicle. If not, once the loan is paid in-full your dad's obligation is satisfied.

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Answered on 2/18/11, 6:10 am


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