Sure, hopefully you have a signed promissory note as evidence of the loan. If not, its your word against the defendant.
sure, why not?
You can if you are willing to pay the legal costs. There is an expression for this situation: "You can't get blood out of a turnip!". It means that if there is no money to recover, you can sue all you want to, you still will be unpaid. You may get a judgement, but will have to wait a long time to get the money owed you. If the loan was secured by a lien on the car, you can and will likely receive the car as a settlement.
If you have no money, then why in the world would you cosign for a loan? If they cannot get the money owed out of the primary lender then will look at you for money. They will more than likely sue you for the balance. If you don't pay your credit will be ruined. Sounds like you cosigned for a loser and now you will pay for that mistake.
Sure, why not? You can sue for any reason. However, you need some sort of proof if you would like to actually win...
Definitely, you can sue for unpaid loan. Please ensure that you have documents that support you loan and the receiver of loan.
sure, why not?
That's about it. The car is totaled. The money is still owed. If there was a loan, you'd better have insurance and if you are lucky, the insurance will cover MOST of what you still owe.AnswerYour insurance co. is obligated by law to satisfy any payment up to the policy's limits. If there are money owed after that, you can sue the other driver for the money owed or be sued, whatever applies.
You can if you are willing to pay the legal costs. There is an expression for this situation: "You can't get blood out of a turnip!". It means that if there is no money to recover, you can sue all you want to, you still will be unpaid. You may get a judgement, but will have to wait a long time to get the money owed you. If the loan was secured by a lien on the car, you can and will likely receive the car as a settlement.
Not knowing who "they" are. It is difficult to answer. Anyone can take you to court and sue you for money owed. This is our legal system at work.
yes he can. he can have the right to sue his son if the son has had something he was doing that was wrong! and steeling money from him would be wrong. You may not want to try it.
It will be easy to sue them if you had it in writing that they were responsible for the loan. If not, it will be difficult to prove since the loan is in your name.
yes, unless they get the balance owed. If not they will sue for the remaining balance between what is owed and what they get from the resale.
Not arbitrarily, the co-signer would need to sue the primary borrower and be awarded the vehicle or the money owed to complete the loan agreement.
If you have no money, then why in the world would you cosign for a loan? If they cannot get the money owed out of the primary lender then will look at you for money. They will more than likely sue you for the balance. If you don't pay your credit will be ruined. Sounds like you cosigned for a loser and now you will pay for that mistake.
Sure, why not? You can sue for any reason. However, you need some sort of proof if you would like to actually win...
Yes.
If it is too difficult to maintain payments on a car loan, it is possible to voluntarily give it back to the creditor or dealership. In some states, however, a creditor can sue for the remaining balance owed on the loan.