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little jacob 08-13-2008 04:07 PM

Quote:

Originally Posted by luv (Post 4912691)
Yeah, he's completely full of shit. I don't believe a word he says until he actually acts on it.

which is why you should not be doing him any favors or trusting him at all... i would talk to a lawyer about the car. if your name is on the title too you might be able to do something.

he is not trustworthy. he WILL continue to screw you as long as you let him. the mission is to get your name off everything related to him.

i 100% guarantee that you will end up with a repo and credit that is totally annihilated rather than just damaged if you keep trusting this clown

Sure-Oz 08-13-2008 04:10 PM

Quote:

Originally Posted by little jacob (Post 4912727)
which is why you should not be doing him any favors or trusting him at all... i would talk to a lawyer about the car. if your name is on the title too you might be able to do something.

he is not trustworthy. he WILL continue to screw you as long as you let him. the mission is to get your name off everything related to him.

i 100% guarantee that you will end up with a repo and credit that is totally annihilated rather than just damaged if you keep trusting this clown

Exactly...

Midnight_Vulture 08-13-2008 04:10 PM

luv, maybe you shouldnt of met some strange guy over the internet and you wouldnt of had that problem LOL.

Seriously did you actually think you could meet a trustworthy guy over the net???

little jacob 08-13-2008 04:13 PM

Quote:

Originally Posted by Sure-Oz (Post 4912736)
Exactly...

people like this don't just become shady suddenly. his own mother probably knows better than to leave her purse alone in a room with him.

Rain Man 08-13-2008 04:16 PM

Side story:

Back when I lived in St. Louis, a friend of mine was looking to buy a house. We were both about 25, and both single, and I like looking at houses, so I went with him to be a second set of eyes.

He had the worst Realtors on the planet, a husband and wife team that had absolutely no interest in him at all. All they wanted to do was sell him a house as fast as possible and make their money. They were horrible, and I kept telling him to fire them, but for some reason he felt like he shouldn't. So we'd go into houses, and you'd see a crack in the foundation with water pouring through it, and they'd say, "Oh, that's not a problem. It's like a fountain." And you'd go into another house and there would be poltergeists flinging axes at you and they'd say, "Once they get used to you, they'll probably stop that." These people were flat-out slimy.

At some point, my friend found a house he liked, and it was a little above his range. They were pushing pushing pushing him to buy it, and he said something like, "I don't think I can even get a loan for that amount, much less make the payments."

The sleazy wife said, "Don't worry about the loan. Just get your friend there to sign for it."

I said, "What?"

She said, "Oh, yeah. You just sign a quit-claim deed, and your friend can get the house."

I said, "I don't think you understand. I'm just tagging along to help him look."

She said, "Don't worry about it. He'll make the payments. You're just signing the loan so he can get approved."

Recall that I was only 25 and didn't know much about this stuff, but even so, that didn't seem like a good idea. I said, "If I sign the loan, I'm presumably responsible for it if he defaults."

She said, "He's your friend. He won't default."

"So I am responsible for it, then."

"Only technically."

This woman proceeded to argue with me that I should sign my friend's MORTGAGE LOAN, and the husband was backing her up. They were so pathetic and dishonest it was laughable.

Rain Man 08-13-2008 04:18 PM

Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car.

sedated 08-13-2008 04:19 PM

Quote:

Originally Posted by Rain Man (Post 4912748)
"So I am responsible for it, then."

"Only technically."

ROFL

little jacob 08-13-2008 04:24 PM

Quote:

Originally Posted by Rain Man (Post 4912755)
Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car.

i think in some states they put "and" or "or" on the title. if it's "or" or if there's nothing then one person might be able to sell it... not sure. i dont have any titles like that.

i think if her name is on the title and the loan both, it's just as much her car as it is his

Bearcat 08-13-2008 04:35 PM

Quote:

Originally Posted by luv (Post 4912678)
I told him that, if he didn't make the payments, I'd find out what I needed to do to get the car sold. Basically, if he defaults on another payment, I'd have them repossess it or find a way to sell it even against his will. Both of our names are on the title, but mine's listed first. Don't know if that means I have any special rights, but I'll be finding out. I think it was enough to scare him. He started asking me how he was supposed to get to work. I told him he wouldn't have to worry as long as he made the payments.

Don't even let it default. Give him a date, if it's the due date or the day before it's considered late... and tell him you will get it repossessed if it's not paid each month by that date.

I know you're trying to get other money back, too, but it sounds like eventually you'll have to cut your losses.

bogey 08-13-2008 04:40 PM

You should push and push and push until he gets tired of having you around and then he'll figure out a way to get your name off the loan. I doubt he wants 5 years of a pissed off woman on his back.

Rain Man 08-13-2008 04:40 PM

By "date", Bearcat doesn't mean "date". He means "date".

Bearcat 08-13-2008 04:40 PM

Always trust expertlaw.com. It has the word 'expert' in it! :p

http://www.expertlaw.com/forums/showthread.php?t=4241

ShortRoundChief 08-13-2008 04:51 PM

Quote:

Originally Posted by little jacob (Post 4912775)
i think in some states they put "and" or "or" on the title. if it's "or" or if there's nothing then one person might be able to sell it... not sure. i dont have any titles like that.

i think if her name is on the title and the loan both, it's just as much her car as it is his


I ran into that once
my wifes name and mine were there so I needed both signatures to do anything

that's why you always ask for "and/or"

Bugeater 08-13-2008 06:56 PM

Luv, whatever you do don't let that car get repo'd, when that happens the bank auctions it off, and they don't give a shit what they get for it because you'll be responsible for the difference.

Bugeater 08-13-2008 07:02 PM

Quote:

Originally Posted by Rain Man (Post 4912755)
Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car.

That's not a bad idea, if you have a set of keys to it I'd take it and stash it somewhere. Hell even if you don't have keys you could probably get it towed somewhere. If you're going to take the financial hit from it at least don't give him the pleasure of keeping the car.

Or if nothing else, go rent a car, buy the insurance waiver and drive it into the other car. Make sure you're going really fast to ensure that you total it out. Then the insurance company will pay off the loan for you.


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