D
ddiane
Guest
What is the name of your state? CA
I am requesting questions for my daughter who is on a car loan with an ex-boyfriend. When they were together she signed the loan because her boyfriend, (at the time) did not have a valid driver's licence and the people at the car lot would not let him drive it off. They broke up and he kept the car, just 6 months ago he got behind on the payments so they called my daughter. She told them she did not even have possesion of the car so they helped her get the car in her possession. But not she has realized that the car is not worth what is still owed on it and it is a high maintenance vehicle with high cost of insurance. Now my daughter wants to do a volunteer repo but the finance company is stalling. How can we handle this? The ex-boyfriend tried to get it re-financed in his name only but could not qualify. He also still doesn't have a valid licence. Now the finance company wants my daughter to give the car back to him and provide insurance for him. Help, any suggestion and advice would be appreciated.
I am requesting questions for my daughter who is on a car loan with an ex-boyfriend. When they were together she signed the loan because her boyfriend, (at the time) did not have a valid driver's licence and the people at the car lot would not let him drive it off. They broke up and he kept the car, just 6 months ago he got behind on the payments so they called my daughter. She told them she did not even have possesion of the car so they helped her get the car in her possession. But not she has realized that the car is not worth what is still owed on it and it is a high maintenance vehicle with high cost of insurance. Now my daughter wants to do a volunteer repo but the finance company is stalling. How can we handle this? The ex-boyfriend tried to get it re-financed in his name only but could not qualify. He also still doesn't have a valid licence. Now the finance company wants my daughter to give the car back to him and provide insurance for him. Help, any suggestion and advice would be appreciated.