What is the name of your state (only U.S. law)? North Carolina
I recently cosigned an auto loan for my daughter-in-law (due to her credit standing). I was made primary on the loan. The title is with the lien holder.
Two days ago, she moved out and took the car with her. I now have no way to ensure that the payments are made in full/on time. Can I take the car back and sell it? (I cannot afford the payments) Do I need to get a court order to "force" her to make the payments? -- I cannot say at this point that she will not make payments, but I need to cover myself.
I recently cosigned an auto loan for my daughter-in-law (due to her credit standing). I was made primary on the loan. The title is with the lien holder.
Two days ago, she moved out and took the car with her. I now have no way to ensure that the payments are made in full/on time. Can I take the car back and sell it? (I cannot afford the payments) Do I need to get a court order to "force" her to make the payments? -- I cannot say at this point that she will not make payments, but I need to cover myself.