Legal Question in Credit and Debt Law in Minnesota

Can ex take car when I am the cosigner and in possesion?

I bought a car with my ex, as me as cosigner. I have always been in possession of truck and am up to date with payments (only 3 left). I owe them money for something else and now they are threatening to come and take the truck. Can they take the truck even though I have made all payments and it is used for my work vehicle, and I have made every single payment since we bought it?


Asked on 1/05/05, 2:24 pm

1 Answer from Attorneys
David Anderson Anderson Business Law LLC

Re: Can ex take car when I am the cosigner and in possesion?

I would need to review the agreements and security instrument.Give me a call if you would like to meet. I have some time Friday. The contract language is all important, but state and federal law impact your rights as well.

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Answered on 1/05/05, 4:50 pm


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