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Joint Car Loan
I have a joint car loan. The other joint owner has no insurance and cannot make payments but has taken the car from my possession (recent meth user). Do I have any recourse in refinancing the car in my name (without the other person) and reporting the car as stolen or somehow getting the car back?
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You can't transfer title without the co-owners permission. You can't report it as stolen when its in the possession of the co-owner.
You CAN refinance the loan in your own name if you pay off the previous loan. However, it wouldn't be a car loan since a lender is not likely to lend money without both owners. |
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