Donate SIGN UP

who would own the veheicle?

Avatar Image
carrie1431 | 01:25 Wed 02nd Jul 2008 | Motoring
3 Answers
We are selling our truck to my brother in law and he will be making monthly payments on the truck. i talked to my husband and we want him to get insurance on the vehicle, so he said that he talked to his insurance company and they wont do it unless he is on the title. so my husband wants to transfer over the title,but if we do that and he doent pay wont the truck already be legally his? and if so what if we make him sign somthing and get it noterized? will that help? thanks, carrie
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by carrie1431. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Go to a lawyer and get a credit agreement. They'll talk you through all the ins and outs. You may need to ring various firms if you don't know anyone who can recommend a lawyer specialising in financial services.
-- answer removed --
Don't let him have the truck or transfer the title till he's paid for it.Don't let him drive it as your husband would be liable if your brother in law has an accident

1 to 3 of 3rss feed

Do you know the answer?

who would own the veheicle?

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.