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Can a parent who cosigns a vehicle loan for their child be held liable for any accidents if the vehicle is titled in the child's name?
Wiki User
∙ 18y ago
It is the insured that is liable not the loan signers. Although if you live under your parents roof and are legally dependant then they could be sued but it is highly unlikely that they would be held accountable. Anyone can be sued for anything in this country but it is the courts that determine the success or failure of the suit. Tell Dad that You are the defendant in a suit not Him. Y-THINK-Y
Wiki User
∙ 18y ago
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You co-sign for a vehicle are you liable to pay the remaining balance of that vehicle if it was auction by the lien holder?
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Would you be breaking the law if you do food deliveries in your own car?
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Does the owner of a parked car that hits another parked car liable for damages?
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