 Deadbeat
co-signer
|
 Dear
Terry,
I co-bought a vehicle with my, then, boyfriend. We are no longer
together; he has the vehicle and doesn't pay the note on time. He
almost went into repossession, and I helped him catch the payments
up on more than one occasion. How can I obtain the vehicle legally
without getting arrested or in a battle, especially since I don't
think he will voluntarily give me the vehicle? I am able and willing
to take over the vehicle and the payments.
Thanks,
-- Janell Harpe
 Dear
Janell,
If I've said it once, I've said it a million times: Never,
ever co-sign a car loan, especially for a boyfriend or girlfriend. The situation
almost always ends up the way yours has.
Your option is to go to small claims court -- hey,
you might wind up on "Judge Judy" -- and get the court
to force the sale. Or, you could try to get him to agree to sign
the car over to you if you buy out his interest. No matter what
you do, there's no way this isn't going to get ugly.
Good luck.
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