Car loan impersonation
Hi,
please I need help regarding a problem with a loan under my name that I did not requested.
Last September my ex when to a car dealer with a void cheque from my checking account and she got a second hand Land Rover with a loan of 35k under my name and she registered the car under his partner name and myself. I found it out 1 month later when the bank sent me a congratulations letter for my new car and one week later the first monthly payment of 600 dollar charged into my checking account.
At the beginning she was still denying it but in front of the evidence she admitted and started to pay the car out of her pocket and promised me she would fix it and put the loan under her name but almost a year later she has changed nothing and she has started to pay late so the bank started to call me asking for the money.
I am currently unemployed and can not afford a lawyer or paralegal. Neither I can apply for free legal advice because I was working last year.
How is it possible the CIBC gave the ok to the car dealer without having any original document or my signature. I asked CIBC and they told me to contact the dealer. Technically they don´t have any valid contract to back up that loan. Many things can go wrong with this situation:
- if she has a car accident and run away they are going to be looking for me as the owner
- if she stop paying the car, I can say good bye to my credit record
- if Canada revenue investigate it, how I am going to explain being unemployed but paying 2 cars at the same time
- if tomorrow I get a job and want to renew my own car I will need to provide too many explanations
Has been anyone on a similar situation? Anyone with experience related to this?
please I need help regarding a problem with a loan under my name that I did not requested.
Last September my ex when to a car dealer with a void cheque from my checking account and she got a second hand Land Rover with a loan of 35k under my name and she registered the car under his partner name and myself. I found it out 1 month later when the bank sent me a congratulations letter for my new car and one week later the first monthly payment of 600 dollar charged into my checking account.
At the beginning she was still denying it but in front of the evidence she admitted and started to pay the car out of her pocket and promised me she would fix it and put the loan under her name but almost a year later she has changed nothing and she has started to pay late so the bank started to call me asking for the money.
I am currently unemployed and can not afford a lawyer or paralegal. Neither I can apply for free legal advice because I was working last year.
How is it possible the CIBC gave the ok to the car dealer without having any original document or my signature. I asked CIBC and they told me to contact the dealer. Technically they don´t have any valid contract to back up that loan. Many things can go wrong with this situation:
- if she has a car accident and run away they are going to be looking for me as the owner
- if she stop paying the car, I can say good bye to my credit record
- if Canada revenue investigate it, how I am going to explain being unemployed but paying 2 cars at the same time
- if tomorrow I get a job and want to renew my own car I will need to provide too many explanations
Has been anyone on a similar situation? Anyone with experience related to this?
