Originally Posted by Von Bongo
This is correct. At the end of the day it is up to the buyer to
pay the debt no matter if it has a title or not. I feel for your firend but all this should have been addresed pryor to signing the loan docs. I hope he pays on time and holds up his end, it is no fault of the lender.
The best advice is to keep paying the pmts and keep chasing on the title. This wont go away and will get worse if he elects to not repay. Not what you want to hear I know.