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Can I sue someone over not paying there bills when my name is on their loan?
Wiki User
∙ 16y ago
You can sue just about anyone for just about anything. Talk to lawyer first, get a free consultation.
Above is true, generally but: But you seem to not understand - Its not just "Your" name on "their" loan. Its' both of your names on a loan to both of you! Yup, it's your too. You agreed, in writing. You also agreed that you each would pay it back to the lender. You probably swore to the lender that you understood and were actually expecting to be responsible for the loan...not just lending your "name". That the bank wanted someone (more responsible) on the loan too, is exactly why you were put on it! Now, if you have a written agreement that shows the other party was supposed to pay it all (or some portion), and hopefully it doesn't contradict what you swore to the lender (that would be a bad, maybe criminal thing), you can sue for the damages you incurred with that as proof...but otherwise, the courts will only have the loan agreement, where you swore you would pay it...so how you going to prove the non-payer had to pay you? Verbal agreements, especially contrary to legal written ones, are not going to be easy to enforce. Then of course, one other problem: If the other party isn't paying, even though you (and probably the bank) is trying to get them to....after you put out all the costs of suing, even if you win...how or why do you think they can or will pay you then?
Wiki User
∙ 16y ago
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How can a cosigner get out of paying for a loan?
Can't unless you get your name off the loan. The person you co signed for has to get the loan changed out of your name.
If you are the co-buyer on the car is the loan in your name also?
IF your name is on the LOAN papers, you are the co-signor and responsible for paying the loan if the debtor doesnt.
How do you put your car loan in someone else's name?
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
How do you get out of being a cosigner on a bike loan?
The loan must be paid off and refinanced in the sole name of the primary borrower. Otherwise you are fully responsible for paying the loan if the primary borrower defaults or wrecks the bike.The loan must be paid off and refinanced in the sole name of the primary borrower. Otherwise you are fully responsible for paying the loan if the primary borrower defaults or wrecks the bike.The loan must be paid off and refinanced in the sole name of the primary borrower. Otherwise you are fully responsible for paying the loan if the primary borrower defaults or wrecks the bike.The loan must be paid off and refinanced in the sole name of the primary borrower. Otherwise you are fully responsible for paying the loan if the primary borrower defaults or wrecks the bike.
Can a cosigner have their name removed from a loan if the co-signer is incarcerated?
No. The co-signer would be responsible for paying the loan.No. The co-signer would be responsible for paying the loan.No. The co-signer would be responsible for paying the loan.No. The co-signer would be responsible for paying the loan.
Can co borrower gain possession of a vehicle from primary borrower?
Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.
A car is in your name but someone else has the car and was making pymts but since she stopped paying can you take the car back?
IF her name is NOT on the TITLE or loan, it is YOUR car and you can take possession of your car. Be SURE she doesnt have a contract with you.
What should I do if I have difficulty paying my monthly loan payments paying his credit card bills?
If the loan payments are in your name only, then you need to bring up the need for him to pay you back. Certainly, if there is no sympathy or money contribution immediately coming, it is going to affect your relationship. Sometimes we want to be helpful, and the other person takes advantage. All you can do is shut down the help you have been giving him.
Can you get your name off of a note as a cosigner?
ONLY by paying the loan off or refinancing with someone elses good credit. NEVER CO-SIGN UNLESS YOU CAN AFFORD TO GIVE THE MONEY TO THE DEBTOR.
If two buyers are listed on car contract but no co-signer is listed will second buyer be responsible in repossession?
ANYONE who's name is on the loan contract is responsible for the debt. Who will sell someone a car and that someone NOT be responsible for paying?? NOT ME LOL
Suing someone if they failed to pay for a personal loan that was in my name?
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.
Can you register a vehicle if the loan is in someone elses name?
If your name is on the title
