if you are from 'merica
He will be the first to be sued. You will be next. Make sure the lender knows where he is working and living.
Yes it can be done. I'm in the process of doing so myself.
I lost my job and I have to foreclose on my home. can I be sued by the lender.
Sue them, you have already taken pitty on them, so if they dont show signs of paying ( take your warning) sue them
No, when the parent cosigned the loan, they agreed to pay what the child couldn't. * Yes, the contract that was cosigned was between the borrower's and the lender. A cosigner has the legal right to file suit against a primary borrower for financial damages incurred due to the primary borrower defaulting on the contract.
I don't believe anybody can sue if you are under bankruptcy.
You contact the lender, if that doesnt work, you contact a local attorney. Sue the lender
Yep - sure can.
No. If you were not approved for the loan, no loan was made and therefore you don't have any responsibility to the lender.