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Yes, you may have the option to sue the person you co-signed for if they fail to pay rent or damages owed on the apartment. However, read the co-signing agreement carefully to understand your legal rights and obligations before taking any legal actions. Consulting with a lawyer would be advisable in this situation.
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Is a background check conducted on a co-signer on an apartment lease?
Generally, a background check may be conducted on a co-signer for an apartment lease to assess their financial stability and creditworthiness. However, the specific requirements may vary depending on the landlord or leasing agency. It's best to inquire directly with the landlord or leasing agency regarding their specific screening process for co-signers.
Can a 16 year old rent an apartment?
In most cases, a 16-year-old cannot rent an apartment on their own because they are not legally considered adults and cannot enter into contracts. Landlords typically require tenants to be at least 18 years old or have a co-signer who meets the age requirement.
Can a cosigner sue the signer?
Yes, a cosigner can sue the primary signer if the primary signer fails to fulfill their financial obligations, resulting in the cosigner having to cover the debts. The cosigner may seek legal recourse to recover the money they had to pay on the primary signer's behalf.
Can you sue someone if theygive you a contagious disease?
It may be possible to sue someone for giving you a contagious disease if they did so intentionally or negligently. However, proving liability in such cases can be complex and may require evidence of the person knowingly engaging in behavior that put you at risk. It's best to consult with a legal professional to assess the specifics of your situation.
How can you sue a primary account holder if you are the co-signer and the primary account holder has moved out of state Colorado vs Arkansas California and North Carolina?
To sue a primary account holder who has moved out of state, you typically file the lawsuit in the state where the contract was signed or where the debt was incurred, depending on the laws of that state. If the primary account holder has moved to a different state, you may need to follow that state's procedures for serving them with legal notice. It may be helpful to consult with an attorney who is familiar with interstate debt collection laws to determine the best course of action in your situation.
Can you sue someone if they don't pay the loan you co signed for?
yes
Can you sue someone who you co-signed a vehicle for that didnt pay you back?
Yes. You can file a suit in civil court.
Does Co-signing on an apartment rental affect my credit?
Yes it might effect the tenant for whom you have co-signed have the apartment does not paythe rent then the co signer is reposible and you have to pay the rent.
If you co-signed for an ex-girlfriend's apartment and she did not pay rent can you be held liable if the landlord sues you for breach of contract even though you did not live there?
Yes. The fact that you co-signed mandates your liability. It does not matter that you do not live in the apartment.
You co-signed an apartment for a friend-he moved out before end of contract and found replacement-he has an addendum signed by the landlord showing that HE departed-are you still liable?
No ... you only co-signed for an individual, not a piece of property. When the friend departed the premises, your obligation as his/her co-signer also ended.
Can you sue the lender if they did not verify income you co-signed for?
It is impossible to sue a lender if they do not verify income you co-sign for. It is the responsibility of each person to report accurate and truthful income information for all loans.
Can you sue someone for not paying the car loan in which you co sign for?
Yes.Yes.Yes.Yes.
If someone has co-signed on a car will their name appear on the title?
No the co-signer's name should not appear on the title.
Can a cosigner sue the primary borrower?
Anyone is allowed to sue anyone in this day and age, however, the point of having a co-signer is because the primary borrower may not have a credit profile strong enough to get a loan on their own. When suing someone, the goal is to get paid - if the primary borrower did not have enough money or enough credit strength to get a loan, what, exactly, will the co-signer sue them to get? So yes, a co-signer may sue the primary borrower, however, unless circumstances have changed massively since the shared loan was signed, there will be nothing for the co-signer to go after. Depending on the amount of the loan you can sue in small claims court or a higher civil court.
How long does Honda Finance have to sue someone who co-signed for a car that was repoed. Its on the credit report but no contact from finance office. How many years do they have to sue me?
Any owing party on a loan contract, the buyer and cobuyer, may be sued at any time within seven years from the date the last payment was made.
Can you sue a insurance co and defendant for an accident?
You can't sue the Insurance co, but you can sue their insured, the defendant. Since the insured has a valid policy, the Insurance co is obligated to represent him.
If you cosign for someone and they go bankrupt does it affect you?
You would be responsible for the note or loan you co-signed for.
