Legal Question in Credit and Debt Law in New York

Who should get the money?
I went to buy a car 4 years ago, but my credit history had some problems, so my boyfriend's name was put onto the car because he had a stronger credit history. Back in November I bought another car by myself and my boyfriend insured(in his name),and took over the payments on the car we bought together, he only made 4payments, and the car was stolen and wreaked.The insurance co. payed off the loan by there was monies left over. Who is entitled to that money? I made the payments and insured the care under my name for 4 years, my name is not on the title but it is on the title application at the financed co., the car was registered and insured in my name until November, now it is insured and registered in his name, but my name is on the loan and titled app., should'nt I be entitled to a portion of the insurance money, since I made most of the payment, and put the down payment on the car?

Asked on 6/14/01, 10:19 am

Garry Hanlon

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0 attorneys agreed

Re: Who should get the money?

Not necessarily. As confusing as your explanation

is the actual title to the car dictates who the

insurance company pays. This does not mean you

cannot sue the other individual for a portion of

the money. That is what small claims courts are

for also

Answered on 6/28/01, 9:23 pm

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