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Yes, if they have violated the law.
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∙ 9y ago
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Can you replace a cosigner for an apartment with another cosigner?
Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.
Is the cosigner of a vehicle liable if the it gets repossessed?
Yes. That is the point of the lender asking for a cosigner. The cosigner will have a repossession showing on their credit as well as the primary lender.
How do you the cosigner sue primary borrower?
The cosigner contacts an attorney who will process the paper work for him. Or, the cosigner can file the suit (foolishly) pro se (on your own). Or, the cosigner can file the suit in small claims court. What is important is that the cosigner can show significant and real damages before filing, or hope he is not filing in a state that will bring criminal charges for filing a frivolous law suit.
Did Henry Ford ever get arrested?
no Henry Ford never got arrested
Can you get arrested for a dime bag of weed?
Yes, you can be arrested for possession of any amount.
Can you replace a cosigner for an apartment with another cosigner?
Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.
What are the benefits of a cosigner?
A cosigner basically is a guarantor for the repayment of a loan or value and serves as cosigner of the debt. If the debtor fails to make payments or defaults, the cosigner is obligated to pay off the debt. No benefits for the cosigner, but cosigner benefits the debtor.
Can a auto dealership remove home furnishing from a cosigner home on a defaulted loan?
Not without a court judgment and a Sheriff Deputy present. If they try otherwise, call the police and have them arrested for trespassing.
What are the benefits of cosigning?
A cosigner basically is a guarantor for the repayment of a loan or value and serves as cosigner of the debt. If the debtor fails to make payments or defaults, the cosigner is obligated to pay off the debt. No benefits for the cosigner, but cosigner benefits the debtor.
Does a cosigner have to have a job?
No, a cosigner can be retired, or just in good standing with the federal credit bureau. They do not necessarily have to have a job. But the deal with a cosigner is that if the individual they are cosigning for does not pay the bill, the cosigner is responsible for the payment.
If you move abroad without paying the deficiency of about 12000 dollars on your repossessed car can you be arrested or detained upon reentering the US?
YES! Just wondering how you know that? What would the crime be? What if the person had a cosigner?
If we have bad credit will a cosigner help us get a mortgage?
Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.
If you are a cosigner in someone's loan for a line of credit and he is at default what can the cosigner do to take his name back?
Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.
What makes a legal cosigner?
Capacity and intent of the cosigner to be bound is required.
What are the legal rights of a cosigner on a mortgage?
legal rights of cosigner on mortgage
Can you be sued in case of an accident as cosigner?
No. The only obligation the cosigner has is to the lender.
As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?
Nope.
