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OREGON

Guest
I COSIGNED ON A LOAN FOR MY DAUGHTER,MY NAME,MY WIFES,& MY DAUGHTERS NAME ARE ON THE TITLE AS OWNERS.OREGON IS WHERE WE ALL LIVE.I HAVE TAKEN THE CAR BACK INTO MY POSSESION,MY DAUGHTER WILL NOT SIGN THE TITLE TO RELEASE HER INTEREST SO I CAN SELL THE CAR.MY DAUGHTER HAS PAID ONLY 2 PAYMENTS.DO I NEED TO BECOME THE SECURITY INTEREST HOLDER TO FILE A REPOSSESION CLAIM,AS THE FINANCIAL INSTITUTION WOULD ON A DEFAULT,SO I CAN SELL THE CAR,& ELIMINATE MY DAUGHTERS INVOLMENT.I INTEND TO PAY THE BANK IN FULL TO ELIMINATE THE SECURITY INTEREST THEY HAVE.THANKS,RANDY
 


I AM ALWAYS LIABLE

Senior Member
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by OREGON:
I COSIGNED ON A LOAN FOR MY DAUGHTER,MY NAME,MY WIFES,& MY DAUGHTERS NAME ARE ON THE TITLE AS OWNERS.OREGON IS WHERE WE ALL LIVE.I HAVE TAKEN THE CAR BACK INTO MY POSSESION,MY DAUGHTER WILL NOT SIGN THE TITLE TO RELEASE HER INTEREST SO I CAN SELL THE CAR.MY DAUGHTER HAS PAID ONLY 2 PAYMENTS.DO I NEED TO BECOME THE SECURITY INTEREST HOLDER TO FILE A REPOSSESION CLAIM,AS THE FINANCIAL INSTITUTION WOULD ON A DEFAULT,SO I CAN SELL THE CAR,& ELIMINATE MY DAUGHTERS INVOLMENT.I INTEND TO PAY THE BANK IN FULL TO ELIMINATE THE SECURITY INTEREST THEY HAVE.THANKS,RANDY<HR></BLOCKQUOTE>

My response:

If she's not paying for the car, what reason is she using for not signing the Title?

IAAL



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O

OREGON

Guest
SHE IS NOT SIGNING THE TITLE OUT OF SPITE,SHE FAILED TO PROVIDE PROOF OF INSURANCE TO THE BANK,& HAS STOLEN MONEY FROM ME.SO I TOOK POSSESION OF THE CAR FOR NOT FULLFILLING OBLIGATIONS.ALSO,THE LIABILITY OF HER DRIVING WITHOUT INSURANCE IS TO GREAT...RANDY
 

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