Legal Question in Credit and Debt Law in Utah
vehicle ownership
I took out a loan for my now ex-
girlfriend so she could buy a car.
The loan is in my name but the title
is in both of our names with a ''OR.''
Now she is talking about leaving
the state and I'm afraid she will
stop making the payments. Can
she just stop making payments and
destroy my credit? If she leaves
the state can i report it as stolen?
What do i do? Do I have any rights
in this situation?
Thank you,
1 Answer from Attorneys
Re: vehicle ownership
If she stops making payments, you will have to continue to make them or you will take the hit on your credit, and will probably get sued for any deficient payments.
You can sue her to either recover the car, force her to refinance it, or to restrict her from taking the car from the state.