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My boyfriend got a divorce and they had to file for bankruptcy, chapter 7, so I bought him a truck. Is there a way I can add his name to the title of the truck or even put his name only on the title? He is making the payments.
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Bankruptcy Attorney serving Madison, WI
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Richard B. Jacobson & Associates, LLC
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You could always give him an interest in the car. But since so many relationships founder, it might well be wisest to keep the car in your name.
Answered on Feb 02nd, 2016 at 4:01 AM
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You may put his name on title but it will be subject to any lien holder interest.
Answered on Feb 01st, 2016 at 5:44 PM
Yes, after he receives his discharge. There may be reasons you want to reconsider. Speak with a lawyer face to face to discuss your situation.
Answered on Feb 01st, 2016 at 5:43 PM
When a vehicle is purchased, the lender holds the title and you cannot add someone on to the title without the lender's permission. Lenders are not dumb enough to do that, so this is not going to happen. However, it is a pretty simple process to go to DMV and add another person's name to the vehicle registration. But no one ever wants to stand in line for hours on end at DMV.
Answered on Feb 01st, 2016 at 5:43 PM
Commercial & Bankruptcy Law Attorney serving Powell, OH
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Ronald K. Nims
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In order to change the name on a vehicle title, you need to get the consent of the lender.
Answered on Feb 01st, 2016 at 8:47 AM