What are my rights as a co-owner of a car?

Get Legal Help Today

 Secured with SHA-256 Encryption

What are my rights as a co-owner of a car?

I am a co-owner on a car that is paid in full. The other co-owner who paid for the car, wrote up an agreement for me to pay him back monthly for the money he paid for the car. I am the only one who drives the car keeps full coverage insurance on the car and keeps the car maintenance, he pays for nothing. I recently ran into some issue at work and my hours were cut and I was force to move to a cheaper place. As a result I fell behind in the payments and now her wants to take the car away. Both our names are on the registration as “or” can he take the car?

Asked on October 4, 2011 under Bankruptcy Law, California

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

Good question. Since both you and the other registered owner for the vehicle are on title, you both have the rights to use the vehicle. The issue becomes really who is the actual owner for final possession issue of it.

You do pay the insurance, maintenance and other aspects of the vehicle to the exclusion of the other registered owner. You have a written agreement for the pay off of the vehicle to the other registered owner. Does the written agreement state that theother registered owner can simply take back the vehicle in the event that you cannot make the vehicle's payments to him or her? If not, I do not believe that the other co-owner can simply take the vehicle from you.

Good luck. 


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

 Secured with SHA-256 Encryption