If my ex-boyfriend had bad credit so manipulated me into buying him a car in my name, is there any way that I can get out of it?

He did everything and all I did was sign my name down. The idiot bought an expensive car and now he is making the payments finally but I’m leaving the country for years and don’t want to come back to bad credit. This gives me nightmares. He says I can’t sign the car, insurance and loan over to him because his credit is too low. Can I sign it over to his sister? What are my options and how? I am clueless and leave in 2 weeks. Can I do this?

Asked on October 31, 2015 under Business Law, New York

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

You can't "sign it over" to anyone against their will--another person needs to agree to accept debts, obligations, property (including cars), etc. And also, some loans and property cannot be "signed over" to another person--if the loan agreement or contract of sale states it cannot be "assigned" (that's the legal term for "signed over"), it can't be signed over (so you need to check the loan, etc. agreements to see what you can do).
There may be no way out, if you can't find someone who wil take over these obligations, or are prohibited by the terms of the agreements from doing so. You signed your name to the obligations: the law presumes that if you signed it, you read, understood, and agreed to it, and therefore about bound to what you signed. In signing, you contractually obligated yourself.


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