Legal Question in Credit and Debt Law in Utah

Auto loan

I am the primary on the loan but my co signer actualy has the car and makes the payments, he filed bankruptcy and the finance institution says hes not financially responsible, if quits paying am i at full legal right to take the car away without beign charged for GTA as the primary?


Asked on 4/09/09, 5:06 pm

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Auto loan

If your name is on the title you can take the car without a problem. If you are only on the note, you can repossess for the co-signer's failure to pay.

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Answered on 4/09/09, 6:43 pm


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