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  #1  
Old 09-05-2002, 11:42 PM
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Join Date: Aug 2001
Location: new jersey
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car "co-sign" stupidity


What is the name of your state? NJ

I loaned a car for somebody who was like my brother in real bad credit. it wasnt a co-sign thing it was solely under my name. he stopped the mortgage payment and took off. cops say i cant file for stolen car since he had the consent to drive the car. i dont want to pay for the car nor want an ugly record on my credit. what shd i do?

Last edited by aruray; 09-06-2002 at 11:34 AM.
  #2  
Old 09-06-2002, 12:03 AM
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Join Date: Jun 2000
Location: Somnambulist University
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Regretably, you don't have the option of not 'wanting' to pay for a car that you no longer have.... you are obligated to pay it... and if you don't, the creditor could get a judgment against you and then seize any non-exempt assets that you might have.
__________________
There are at least 17 lawsuits (!!) pending in various courts, including the US Supreme Court, asking if Obama is a natural born citizen (as req'd by Art II, Sec 1 of the US Constitution).

Why has he spent over $1.35M in legal fees to block disclosure... rather than spend $12 for a VALID birth cert to settle the matter? The 'certificate' he has presented doesn't qualify to get a drivers license, wouldn't allow a child to qualify for Little League, or for a real citizen to get a US passport!
  #3  
Old 09-06-2002, 11:35 AM
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ok then ill pay off the loan. but if a stolen car case is weak, what else can i do to get this guy?

Last edited by aruray; 09-06-2002 at 11:40 AM.
  #4  
Old 09-06-2002, 12:23 PM
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Join Date: May 2001
Posts: 6,454
Something makes no sense. Just because you lend someone a car, doesn't mean the consent is permanent. I'd go back to the police and damn well demand they take a stolen auto report and then, report it stolen to the insurance company.
  #5  
Old 09-06-2002, 01:02 PM
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Join Date: Jun 2000
Location: Somnambulist University
Posts: 39,550
Bigun is correct.

Your allowing someone to use your car to go to the store and their not returning it after a week or so.... is still theft. Simply tell them that you gave the person specific verbal instructions to return the car within a specific time. It wasn't, that is theft.

Just like your renting a car.... and then not returning it. You would be charged with auto theft.
__________________
There are at least 17 lawsuits (!!) pending in various courts, including the US Supreme Court, asking if Obama is a natural born citizen (as req'd by Art II, Sec 1 of the US Constitution).

Why has he spent over $1.35M in legal fees to block disclosure... rather than spend $12 for a VALID birth cert to settle the matter? The 'certificate' he has presented doesn't qualify to get a drivers license, wouldn't allow a child to qualify for Little League, or for a real citizen to get a US passport!
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