[keidav]

Does anyone know what my rights are, Cosigning a car loan for someone who is always late with car payment. Do I have the right to repo on my behalf.

[Fr_Chuck]

Are you "co-buyer" listed as owner on the title, or are you merely a co-signer on the loan the other person is owner.

If you are just a co signer, you have the right to pay the car payment if they don't.

[progunr]

Fr_Chuck is right on!

Unless you are on the title or registration as an owner, you have no right to take the car.

Betcha learned something about co-signing a loan, didn't you.

[keidav]

are you "co-buyer" listed as owner on the title, or are you merley a co-signer on the loan the other person is owner.

if you are just a co signer, you have the right to pay the car payment if they don't.

I am a co-buyer. Yes I have learned my lesson lol and just think she is my wife soon to be ex.

[Fr_Chuck]

OK, wife on title, is a lot different, you will have to fight out who gets the title and who gets the loan in divorce court.

[keidav]

ok, wife on title, is alot different, you will have to fight out who gets the title and who gets the loan in divorce court.

Chuck.

I really appreciate your answer. That was helpful. I did have her sign a statement that if she is more than 30 days late, then I have to file a relief with the court to try and settle this matter. Funny, you have been more helpful than my atty.

[Fr_Chuck]

That you, after 4 grown boys, several wife's, I have been there and done that.