Dear Sir

I have taken a used car loan from HDFC for my brother in law who is the end user. Now the emi is not been paid by him and bank has put the cheque in bank which is dishonoured due to less funds. I have surrendered the vehicle. I want to know is it possible to trasnfer this loan amount to my brother in law in banks eye so that i will not have any legal problem.

Pls guide.

Regards

Suresh