Two years ago, my ex and I bought a car under her moniker. It was registered in her autograph, and the loan was in her christen. The insurance was in mine. We split up, and immediately neither of us drives the car. She didn't have a license at the time of purchase, and she still doesn't, but I did. The broker told us that we could get the loan in her moniker, and register it in mine, even though she didn't have a license. When we get the plates, it was registered in her identify. The dealer said that was fine, and it be nothing to worry almost. We found out that this is illegal to do in New Jersey. We tried to grasp the dealer to rectify the situation, but they wouldn't touch it. Now, the car doesn't own any insurance or a registration, and a representative from the bank says that they can force her to grasp car insurance, even though she doesn't have license. Is this decriminalized? Can a bank force someone to get insurance, even if they aren't even permissible to drive in NJ? Please help me beside this.
Since the loan is in her nickname, she is responsible for the vehicle. The lender will require insurance in order to protect their interest within the car. It's in the contract your wife signed. It doesn't event if the car is driven or not, it still has to be insured.
Regardless of whether the motor is driven or not, insurance is manditory until the bank hands over the title. Unfortunately it have to cover not only comprehensive but collision as well.
Answers: This situation has nothing to do beside driving. If the car is financed you are REQUIRED to insure it to protect the leinholder. If you don't insure it the bank will place their own journal of single interest coverage for property damage and bill the owner with an increase on your payments (read your contract -- it's right within in black and white). Their insurance is very expensive and still does not provide liability. My warning -- find a way OUT of this deal. Get your legal representative to force her to either take the motor and let you out of the contract or force her to give it to YOU. Then you can trade it and be done with it.
PS -- welcome to 'Divorce 101'.
Regardless of whether the motor is driven or not, insurance is manditory until the bank hands over the title. Unfortunately it have to cover not only comprehensive but collision as well.
I could not find any information showing it was dishonest to own a vehicle without a drivers license. A vehicle is considered personal property. I person can own property in need a drivers license. A person cannot _drive_ their vehicle without a drivers license. Where did you land that information?
Why were you able to register is newly fine for the past two years and all of a sudden, only now you cannot?
Since the loan is in her nickname, she is responsible for the vehicle. The lender will require insurance in order to protect their interest within the car. It's in the contract your wife signed. It doesn't event if the car is driven or not, it still has to be insured.
What the hill is doing is completely legal, unlike what she is doing.
Simple answer, yes, they can.
I could not find any information showing it was dishonest to own a vehicle without a drivers license. A vehicle is considered personal property. I person can own property in need a drivers license. A person cannot _drive_ their vehicle without a drivers license. Where did you land that information?
Why were you able to register is newly fine for the past two years and all of a sudden, only now you cannot?
Since the loan is in her nickname, she is responsible for the vehicle. The lender will require insurance in order to protect their interest within the car. It's in the contract your wife signed. It doesn't event if the car is driven or not, it still has to be insured.
If I draw from my speeding ticket...
Since the loan is in her nickname, she is responsible for the vehicle. The lender will require insurance in order to protect their interest within the car. It's in the contract your wife signed. It doesn't event if the car is driven or not, it still has to be insured.
Motorcycle license contained by Va cross-examine?
Regardless of whether the motor is driven or not, insurance is manditory until the bank hands over the title. Unfortunately it have to cover not only comprehensive but collision as well.
Answers: This situation has nothing to do beside driving. If the car is financed you are REQUIRED to insure it to protect the leinholder. If you don't insure it the bank will place their own journal of single interest coverage for property damage and bill the owner with an increase on your payments (read your contract -- it's right within in black and white). Their insurance is very expensive and still does not provide liability. My warning -- find a way OUT of this deal. Get your legal representative to force her to either take the motor and let you out of the contract or force her to give it to YOU. Then you can trade it and be done with it.
PS -- welcome to 'Divorce 101'.
Regardless of whether the motor is driven or not, insurance is manditory until the bank hands over the title. Unfortunately it have to cover not only comprehensive but collision as well.
Can recently qualified drivers whip speed wareness...
I could not find any information showing it was dishonest to own a vehicle without a drivers license. A vehicle is considered personal property. I person can own property in need a drivers license. A person cannot _drive_ their vehicle without a drivers license. Where did you land that information?
Why were you able to register is newly fine for the past two years and all of a sudden, only now you cannot?
Since the loan is in her nickname, she is responsible for the vehicle. The lender will require insurance in order to protect their interest within the car. It's in the contract your wife signed. It doesn't event if the car is driven or not, it still has to be insured.
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base upon your condition,I think you should find something useful here.http://insurance.online-assistant.info/d...If I hold an happenstance and they...
The requirement for the loan is full coverage insurance, next to the bank named as a loss payee. If she doesn't do what she promised to do when she signed, the hill can put their own insurance on and bill her, or repossess the car for failure to follow the loan requirements.What the hill is doing is completely legal, unlike what she is doing.
Simple answer, yes, they can.
I could not find any information showing it was dishonest to own a vehicle without a drivers license. A vehicle is considered personal property. I person can own property in need a drivers license. A person cannot _drive_ their vehicle without a drivers license. Where did you land that information?
Why were you able to register is newly fine for the past two years and all of a sudden, only now you cannot?
Since the loan is in her nickname, she is responsible for the vehicle. The lender will require insurance in order to protect their interest within the car. It's in the contract your wife signed. It doesn't event if the car is driven or not, it still has to be insured.
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