Sublimity, OR asked in Small Claims for Oregon

Q: My sister in law is purchasing a vehicle with my wife as a cosigner, if she stops making payments can i take the car?

She is moving out of state and has a bad habit of pushing anything on everyone else that she possibly can. And i want to know how i can protect myself and my wife from this happening.

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1 Lawyer Answer
Gregory L Abbott
Gregory L Abbott
  • Portland, OR
  • Licensed in Oregon

A: If your wife co-signs a loan - for a car or anything else - she can end up having to pay the entire loan, interest, fees, etc. herself. If she is not prepared to pay everything herself, she should not co-sign. If she also is a co-owner and is listed as such on the Title, she would have the legal right at anytime to drive the vehicle, assuming she can find it. The sister-in-law however has the same rights, regardless of her loan payment performance. If you want to protect yourself and your wife, simply do not co-sign. You are asking for trouble if you do.

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