taking over car payments
If someone bought a car for me in his name, and we wanted to switch the loan payments and car into my name, how would we do that? would he write me a bill of sale and just give me the title when i paid it off or how would that work?
Re: taking over car payments
It’s far more complex (and you need a lawyer’s help).
Glen Ashman
Ashman Law Office
2791 Main Street EAST POINT
Atlanta, GA 30344
Re: taking over car payments
You don’t “switch” a loan. You obtain a loan in your name and pay off the old loan, and “purchase” the car from the other person.
Scott Riddle
Scott B. Riddle, Attorney
Suite 1530 Tower Place, 3340 Peachtree Road
Atlanta, GA 30326
Re: taking over car payments
You have to have the permission of the loan company. Contact them and explain what you want to do.
Charles W. Field
Charles W. Field, Attorney at Law
911 Duluth Hwy., Ste. D-3211
Lawrenceville (north Atlanta), GA 30043