Question: I co signed on a car for my ex boyfriend.We broke up few weeks later then said he could not pay for the car so I took over the payments. Now he wants the car back but the car company will not take my name off of the loan even though my ex is willing to sign off.Refinancing is not an option because the loan is more than the car is worth. Is their some legal process to get my name removed? I do not want the risk of him ruining my credit.
Question: I got a loan in my name for a vehicle and my friend was supposed to make payments on it. She hasnt made payments in 20 months. I want to go and get it because i have to pay now. How could i do that legally. because its on her property and the police said i cannot take it because we had a verbal agreement that if she paid every month she could keep it. But the title is in my name and the plates and the loan also.
Question: I started Beauty School in Sept 07, I was 17 at the time.The school had me sign for the loan without a co-signer. My parents filled out the paper for the Pell Grant and wanted to pay so much monthly. The school said I had to have a Subsidized Stafford loan to get the Pell Grant.Am I responsible for the loan? Since I was told afterwards that it was not a legal binding contract due to my age and that neither one of my parents co-signed on it?