cosigner took car
My son and his girl friend wanted to buy a car. My son was not working but he traded in his car and the car is in my name and the girl friend is a cosigner. Well, they broke up and she took off (we did not know she was going to) and took the car. It's my car too. What do I do about this? There is only one key and she has it.
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Who is on the title? If she is not on the title, and she has not responded to attempts to collect the car, file a police report that it's been stolen.
You may want to inform the lender ASAP. You are the primary lender and it will definitely affect your credit and hers if she stops the payments. You will definitely be contacted by the lender if there is a default in payment though. I will call the lender and inform them. They should be able to advise you on legality matters.
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