Need Advice On Ex GF and Co-Truck Payment Together

[bkjt05 10+ year member]

I know you said both your names are on the loan but who is on the title?

um idk, the bank has the title right? until its paid off??? she plated it so i take it her name is on it

 

[wu501 10+ year member]

so then ya...your ****ed //content.invisioncic.com/y282845/emoticons/frown.gif.a3531fa0534503350665a1e957861287.gif

 

[bkjt05 10+ year member]

well ****...i guess its apartment life for a little longer then i expected. unless she wrecks the truck or something....i do have gap coverage on it so if she wrecks it, its paid off.

 

[quest51210 10+ year member]

contact an attorney, it is about a $3-500 fee in getting your name off the loan and title

 

[tjbartjr 10+ year member]

heres my thread saver! Keep the advice coming, but heres something to look at....Ex girlfriends sis!

Websense ftmfl. //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif My advice: don't combine finances with girlfriends. Too late for this one, but remember it for the future.

 

[bkjt05 10+ year member]

yea Fo SHO!!!! dont do that again...i guess u live and learn! good thing is the loan is only a 3 year loan and its been almost 2 years so it wont b screwing me forever!

 

[bkjt05 10+ year member]

contact an attorney, it is about a $3-500 fee in getting your name off the loan and title

hmmmmmmmm........is this legit??? i might have to look into this...$500 is worth saving my credit and ass!

 

[pilotbear 10+ year member]

you don't know if she put insurance on it? most loan companies won't let you have a loan unless there is proof of insurance. so who has the insurance on it?

bank has the title until the loan is paid off. it does not matter who is the registered owner, it matters who has the title... so this will not help him in this case. if he is a co-signer and she is not paying, then he becomes 100% legally responsible for payment.

chalk it up to a life lesson learned. you need to seriously sit down with her and discuss this situation. if she is not paying, they will come after you. so perhaps it is in your best interest to pay the full amount of the payment each month because you obviously can't count on her. or have her relinquish the truck to you. you can possibly accomplish this in court, but let this one go and your credit is screwed.

this is the problem with cosigning on a vehicle. best thing to do in a situation like this is A) never do it at all or B) one owner only, that way neither of you has to deal with what happens when you break up. but maybe that would work, and i'm just guessing on this, because neither of you could qualify solely on your own.

 

[bkjt05 10+ year member]

you don't know if she put insurance on it? most loan companies won't let you have a loan unless there is proof of insurance. so who has the insurance on it?
bank has the title until the loan is paid off. it does not matter who is the registered owner, it matters who has the title... so this will not help him in this case. if he is a co-signer and she is not paying, then he becomes 100% legally responsible for payment.

chalk it up to a life lesson learned. you need to seriously sit down with her and discuss this situation. if she is not paying, they will come after you. so perhaps it is in your best interest to pay the full amount of the payment each month because you obviously can't count on her. or have her relinquish the truck to you. you can possibly accomplish this in court, but let this one go and your credit is screwed.

this is the problem with cosigning on a vehicle. best thing to do in a situation like this is A) never do it at all or B) one owner only, that way neither of you has to deal with what happens when you break up. but maybe that would work, and i'm just guessing on this, because neither of you could qualify solely on your own.

She had insurrance on it when we baught it, but the last i heard, she stopped it cause she couldent pay it or something like that. and i agree bout the rest, but the last part is wrong, the only reason why we did a joint account was cause she couldent get it on her own, i could of got it on my own, but we wanted to get her credit going because she had none. thats y we did a joint.

i take it as a lesson learned and im gonna look into a lawyer and see what i can do.

 

[pilotbear 10+ year member]

She had insurrance on it when we baught it, but the last i heard, she stopped it cause she couldent pay it or something like that. and i agree bout the rest, but the last part is wrong, the only reason why we did a joint account was cause she couldent get it on her own, i could of got it on my own, but we wanted to get her credit going because she had none. thats y we did a joint.
i take it as a lesson learned and im gonna look into a lawyer and see what i can do.

be careful with the insurance. if she stopped paying, then you need to take over getting the truck insured. if your loan company finds out, sometimes they will repossess the car because you did not follow terms and have the vehicle insured. and that will only make things worse.

good luck with things. i hope you are able to get them worked out in your favor.

 

[bkjt05 10+ year member]

thanks for the help. I dont mind her having the truck as long as she makes the payments on time. She recently found out she was pregnant so i bet thats making it worse and she has a wigger new boyfriend who has her brainwashed so she doesnt like to compromise on anything

 

[jco1385 5,000+ posts]

never do **** like this when you are not married //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

big fckin dumb move. hell, my dad STILL has everything in his name and he's been married 13yrs

 

[IamDeMan 5,000+ posts]

You are a ****ing dumbass. I hope you never get that home loan. You aren't smart enough to own a home.

 

[bkjt05 10+ year member]

You are a ****ing dumbass. I hope you never get that home loan. You aren't smart enough to own a home.

ok dick, im 22 years old.....i was 20 when i did this. dont hate and act like ur perfect or something. I think every post on this thread said it was dumb which i agree, but its too late now. Dont need to come in and talk ****.....

i work my ass off to do good things in life. i dont do drugs or drink much and im a good man and person.

 

[natisfynest 10+ year member]

you do know you can go get in the truck and drive away and there is nothing she can do about it problem solved(atleast in ohio)

 

[bkjt05 10+ year member]

you do know you can go get in the truck and drive away and there is nothing she can do about it problem solved(atleast in ohio)

dont have a key!!!! otherwise that b done already!

 

[natisfynest 10+ year member]

call a lock smith or a dealership and have a key cut you can show proof of ownership they will cut you a key for it

 

[jco1385 5,000+ posts]

go to the dealer and get a #2 key. they have one for sure (for re-po needs)

 

[WhoSayWho? 5,000+ posts]

Im gonna keep this short and simple! Pretty much i was dating this girl for bout a year and we decided to buy a truck. Ended up doing a joint account. Baught the truck, a month later we split up.

//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif:laugh://content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif:laugh:

You should go around speaking at schools about how being a stupid **** can ruin your life. Priceless.

 

[natisfynest 10+ year member]

or if that dont work go to the cops and show them that the truck is behind on payments and that it is in your name and they will go over there and make her give you the keys