Does a cosigner have rights to the car
Answers:
A co-signer is jointly and severally liable on the note, but doesn't have any security interest in the vehicle. In other words he has no rights to the vehicle at all, other than to pay off the note if you fail to do so.
I don't think so cosigner have any rights to the car but if you have any doubts then you can call the banks they will give you a clear answer.
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Relevant answers:
None, unless the cosigner is also on the title of the vehicle they have no legal rights to the property. When someone cosigns a loan for any reason they accept the responsibility of paying the debt...
No. Not unless they are also on the title. The name on the Certificate of Title is the owner. Unless the co-signer makes other arrangements than just co-signing the loan, all they have is the debt to...
Rights? they have the obligation to pay if the primary signator defaults (which is what caused the repo). they may or may not be on title, which determines some of their property rights. You would...
No one is released from contract unless the lender has some mitigating reason to allow it. This is usually death of a borrower. Other than that, the only legal way to "get off of a lease" is to pay...
Well if the original person that you co-signed with defaults on the payments and you are stuck with the payments, technically it is your vehicle and you can take the person to court and take control...
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