Who is the owner of the car?

Answers:6   |   LastUpdateAt:2012-10-13 06:32:03  

Question
Laticia
Asked at 2012-08-11 19:41:04
hello my daughter bought a car financing at his now ex-boyfriend, it was agreed that a direct debit would be created by her ex to pay monthly payments on my own daughters as the finance company were taking money from your account since the loan was in had just the name of the agreement between my daughter and her ex was not consolidated in writing that paid the penalty of two months and now has stopped paying for my daughter is having to take over the funding fear of a bad credit rating. the problem is that the car is registered in your name and you are claiming the car is yours, can you please clarify whether this is the case and what can and can not thank you susan
Answer1AllianaAnswered at 2012-08-12 17:59:02
Never mind that the car is registered, the owner, who owns the car .
If your daughter bought the car on finance then is the registered owner and must have all documentation relating to the vehicle, you can get the car back at any time . If she has a problem, then you could take the matter to court. < Br > If you have a spare set of keys that could recover the car , or she may ask a garage for it, having done so , inform the local police what you did , then that is reported stolen known.
Answer2jaymeeAnswered at 2012-08-14 10:29:03
The car is owned by the finance company until the time such as payments have been completed.
Then it becomes property of the person who paid the funding.

Being the registered owner does not mean that the former owner of the car - it even says so in the upper
V5C registration document .
Your daughter should talk to the finance company , and try to end the agreement as soon as possible, deliver the car. The former will not win any legal battle with the finance company .
Answer3kennishaAnswered at 2012-08-14 17:57:34
"The car is registered in your name " is your car. Unless you can go to court and prove that they have been paying for it and the judge sides with you.
Answer4MaryannAnswered at 2012-08-16 07:39:03
This area of property rights is very complex and need a lawyer to deal at knowing about it .
Answer5aelAnswered at 2012-08-27 05:10:18
The registered owner is not the owner , his daughter may need to seek legal advice. MedlinePlus MedlinePlus Tell him to learn from this and never take a loan on behalf of another person , if they can get it , then there is a reason.
Answer6BETTY0912Answered at 2012-10-13 06:31:39
The correct answer is , the bank that holds the title owns the car until it is paid in full . MedlinePlus MedlinePlus They almost certainly your daughter in the title as co - owner , since she is paying for it . MedlinePlus MedlinePlus I'd have to talk to someone in the bank and see if they have an idea of ​​how to get the car back , and they have probably been through this before . MedlinePlus MedlinePlus What most useless type date !
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