help? im stuck in the middle…?

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6

okay let me begin by observant i take caring of my 2 brothers as well as dont have most income only home, food, as well as garments expenses. so this is a understanding my crony sole me her automobile since she paid for a brand new a single automobile so fundamentally i was receiving over payments of412.00 each month as well as she would cover 100.00 dollars so i wouldnt onslaught to have a payment.

so 2 months after she finds out she is profound as well as she cannot cover a 100.00 each month. She asked me if you got get a lorry refinanced underneath my name though i have really bad credit.

i dont know what to do i consider i can do improved but it since i will not be means to means it.
what should i do? as well as how should i discuss it her?
Nissan Xterra 2004
the reason i took a case was since my hermit totaled my automobile as well as had no travel to get to work.
she already paid about 3 yrs of it as well as i consider a volume due is 15,000.00

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Comments (6)

I would deffinately suggest to sell that vehicle.

She may even be able to break even vs. her payoff….that way shes happy, and you dont have to take responsibility for that kind of vehilce!

Do what you can to limit your liability on this issue….

Chris

you need to just tell her. im sure she will understand everbody has there own money problems and you dont need anyone elses on you shoulders.

how much do you owe?
what kind of car?

Help me help you =)

Tell to go ahead and sell the truck and meanwhile try and save some money to get yourself your own ride. there’s always the buy here pay here places. But take with you someone that knows cars and problem places in them.

your how should I tell her question tells me that you already made up your mind! This sounds like a judge Judy episode waiting to happen! Avoid these type of scratch my back I will scratch your situations in the future! You have no sense! I don’t mean to be rude but you don’t have any common sense! I know you want to help as many people as you can! Let the tax payers well fare office do that from now on! You already pay into that every paycheck you get! Don’t have such a bleeding heart! Please don’t wind up pregnant and a vocational school drop out who gets busted for fist fighting over a guy in a bar!

This was a bad idea from the start.
She didn’t sell you the car, you just took over the payments, so the car is in her name still.
You are missing key details, how much is owed on the car and what could you sell it for to a dealer and private sale (in the paper or autotrader .. c om)?
If you are not upside down, then stop driving it, clean it up and sell it.
If you are upside down, can between both you, can you come up with the shortage. For example $7000 is owed, a dealer will pay you $6000, you will need to pay $1000 when you drop the car off at the dealer. If you do this get it in writing, and be careful not to deal with some fly-by-night dealer.
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