Legal Question in Civil Litigation in Texas
Car refinancing
I purchased a vehicle for a former roommate and we have severed all ties and I am now requesting that the roommate refinance the vehicle in his name and purchase insurance. What options do I have if he refuses to refinance? Can I reposses the automobile considering I am the legal owner? Since our separation, the vehicle has been burgularized while in his possession. I do not feel comfortable with the vehicle and insurance remaining in my name. Please advise...
Asked on 10/05/05, 3:15 pm
1 Answer from Attorneys
Sharon Campbell
Sharon K. Campbell
Re: Car refinancing
If the vehicle is yours, financed by you, title is in your name, insurance in your name, you have every right to obtain possession of the vehicle.
Answered on 10/05/05, 3:25 pm