Legal Question in Credit and Debt Law in Ohio
Rights in taking the car
I co-signed a loan for my son to get a car and he is 90 days late in the payments he refuses to take calls made to him by the finance company and my calls also,so now they are coming after me for the payments and I want to know what are my rights going and taking the car or getting the car from him?
1 Answer from Attorneys
Re: Rights in taking the car
Basically, since you co-signed the loan they can come after you for the remaining amount due. What I would advise is that you provide the finance company with your son's address or where they can get the car.
Even after this they may come after you for the amount remaining. If so, you can always sue your son for any money that you have to pay.
If you have any further questions or concerns please do not hesitate to contact me.
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