Co-Signed Vehicle Loan

[aviv]

I am the co-signer on a loan from American Honda Finance. My ex-boyfriend and I signed a loan for a car and both of our names are on the title. We had a falling out, and he missed several payments, destroying my credit. I have asked him to refinance the car in his name or find another co-signer, and he has agreed to do so, however we are not on good terms and it doesn't appear that he's made any effort to take me off the loan. Is there any way that I can protect my credit? I want my name off the title of the car and off of the loan. I don't have possession of the vehicle, I've never driven it. I made the initial down payment and he paid me back. He misses payments and tells me he can't afford to make them occasionally. He recently purchased a motorcycle (paid in full) and went on a vacation to Jamaica.

Is there ANY way that I can detach myself from this vehicle and loan? Please help.

 

[seniorjudge]

Pay off the loan and the sue the ex for the amount you are out.

It will STILL show on your credit report, but at least you won't have any further negatives.

And, if your name is still on the title, go get the vehicle first before you pay it off.

Notify the cops before you get it.

Have the title (or a copy of it) so when you get stopped, you can show the cops.

 

[aviv]

I've never made payments on the car, so I can't sue him for the amount I'm out. And the title is in the loan company's name, technically, so I would have to pay it off, which I am in no condition to do financially. Also, I can't just go and get the car. I don't have keys, the ex has been using the car and says it's "his car." And if I asked for the car, he obviously wouldn't give it to me. Is there any way I can force him to sign me off of the loan?

 

[seniorjudge]

Is there any way I can force him to sign me off of the loan?

Yes...by paying off the loan.

The title is NOT in the creditor's name. It is in somebody's name showing the creditor as a lienholder.