I am a cosigner for a new car in April 2012. My friend had a stroke in Dec. 2012. He was in hospital in FL. We live in NJ. Car is registered, housed, and insured in NJ. I have car. His family moved him out of hospital and I don't know where he is. I asked them to get him or his daughter or someone to sign over the car so i can sell car and pay car loan. The family ignores me. I need help to get this resolved. I want to have permission to sell car without his signature on title. My name and his name are on title. My name is on loan and he is cosigner and his name is on registration and both names are on insurance. $18200 is owed on car. Dealership offered $13000 for car. I will still be in debt for $5200 but it at least it's better than all i am paying now. please help!
You have to find the person that is making decisions for your friend, and find out if they have a Power of Attorney for him. Is his daughter helping him with decisions? Do you know if he is mentally competent? If he is, try to reach him directly and ask to have the title signed. If he is not, or if you can't find him, you might be able to get a court order to allow you to sign the documents. If you are going to try that, you would have to prove that you tried everything you can think of to find him. send letters to his last known address by certified mail so you can either get the return receipt or get the letter back without it being claimed. Do searches for him on the internet. If you have his old cell phone number, call it to try and find him. You will have to present all of that work to the court, and ask a judge to give you an order allowing your signature to serve for both signatures on the loan. Good luck.
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