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Taking over payments?

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J

jseagle

Guest
A friend has a car that he is selling and willing to let someone take over the payments on. Is this legal? Does it have to go through the finance company or is it something that is between me and him? Would it be legal for us to keep the original loan in his name if we have a notarized bill of sale in which I assume responsibility. PLEASE HELP!!!! Thank you!
 



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