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I co-signed for a car loan for my son. He got in trouble and…

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I co-signed for a car...
I co-signed for a car loan for my son. He got in trouble and went to live with his father. He handed me the key and said he isn't going to make the payments. Now he wants the car back and only his name is XXXXX XXXXX title. Do I have to give the car to him?
Submitted: 8 years ago.Category: Legal
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Answered in 1 minute by:
6/17/2010
Lawyer: Ely, Counselor at Law replied 8 years ago
Ely
Ely, Counselor at Law
Category: Legal
Satisfied Customers: 103,583
Experience: Private practice with focus on family, criminal, PI, consumer protection, and business consultation.
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Hello,



My name is XXXXX XXXXX I am one of JustAnswer's attorneys. I'll be helping you resolve your matter today.



Please remember that there might be a delay between your follow up questions and my answers because I may be helping other clients or taking a break.



I'm sorry but yes. If his name is XXXXX XXXXX title, but not yours, he legally owns the car. You, as a co-signer but w/o name on title, are just responsible for the payments jointly with him. This is unusual b/c usually co-signers DO go on the title as well.

Best of luck in your matter. I'm here if you need any more clarification or follow up information.



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There is no fee for follow up questions should you wish to continue in this thread.



Remember, sometimes the law under which your situation falls does not give you the outcome or the choices you wanted - please understand that this is not the attorney's fault, but the way of circumstance.



There might be a delay between your follow up questions and my answers because I may be helping other clients or taking a break.



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