Road rules5 mins ago
finance on in laws car
4 Answers
i am the registered keeper of my car but the finance is in my brother in laws name and i pay money into his account each month.
if i was horrible enough to dump the car off on his driveway and didnt pay any more money could anything come back on me??
if i was horrible enough to dump the car off on his driveway and didnt pay any more money could anything come back on me??
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Assuming that your brother in law did not continue with the finance payments, the finance company would reposess the car � sell it and demand any outstanding amount of the loan from him.
He would have a very good case in law to sue you for any amount that he had to settle with the finance company.
Although he may not have a specific agreement with you that you pay this money in the event of you defaulting on the finance, a court would reasonably agree that you were liable, as result of your actions.
He would have a very good case in law to sue you for any amount that he had to settle with the finance company.
Although he may not have a specific agreement with you that you pay this money in the event of you defaulting on the finance, a court would reasonably agree that you were liable, as result of your actions.