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Pay it off.
If you're a cosigner, you can try contacting the lender to see if they'll take your name off the loan; they might be willing to do so under the right circumstances.
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∙ 10y ago
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How do you remove your name from a joint auto loan?
The car loan will have to be paid off in order to remove your name. The other signer will have to get a new loan in her/his name only.
If you cosigned for a car loan how can you get out of the loan?
The loan must be paid off or the lender must agree in writing to remove your name from the obligation.
How can you remove a co-borrower from a deed?
By refinancing the loan in your own name.
How soon can you remove your name as a cosign for a house?
As soon as the loan is paid off. The only way for a cosigner to "remove his name" is to pay off the loan. Since refinancing pays off the original loan (and creates a new one), this would provide an opportunity for the co-signer to opt not to co-sign the new loan.
If you purchased a home with your ex-roommate can she refinance the home in her name only to remove your name from the loan since you have moved out?
No, if your name is on the home you are 1/2 the legal owner of the property. You are then responsible for 1/2 of the loan. If your roommate can qualify for the loan on her own you would have to reliquish your rights to the property to remove you from the ownership of the property
How do you remove your name from a joint auto loan?
The car loan will have to be paid off in order to remove your name. The other signer will have to get a new loan in her/his name only.
Loan place said would remove your name from loan with ex and didn't can they still hold you responsible if they put n writing they would remove your name?
obviously.
Can a co signer removed their name from a contract if they have no cause to do so and the borrower did not miss a payment for 17 months?
No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
How can you remove your name in a car loan?
Generally, the loan must be paid off and refinanced by the co-borrower. The bank owns the loan and banks do not usually remove a name from the obligation. However, you should ask the lender.Generally, the loan must be paid off and refinanced by the co-borrower. The bank owns the loan and banks do not usually remove a name from the obligation. However, you should ask the lender.Generally, the loan must be paid off and refinanced by the co-borrower. The bank owns the loan and banks do not usually remove a name from the obligation. However, you should ask the lender.Generally, the loan must be paid off and refinanced by the co-borrower. The bank owns the loan and banks do not usually remove a name from the obligation. However, you should ask the lender.
If you cosigned for a car loan how can you get out of the loan?
The loan must be paid off or the lender must agree in writing to remove your name from the obligation.
Will refinancing a car loan under the primary borrower's name remove the cosigner from the loan obligation?
Yes.
How can you remove a co-borrower from a deed?
By refinancing the loan in your own name.
Can the cosigner remove her name from a loan if the the account was taken to court and judgment was only made against the primary account holder and not the cosigner?
Generally, the co-signerdoes not have any authority or means to remove their name from a loan. That would involve altering the loan documents and the lender's records. The loan is owned by the lender.
If you purchased a home with your ex-roommate can she refinance the home in her name only to remove your name from the loan since you have moved out?
No, if your name is on the home you are 1/2 the legal owner of the property. You are then responsible for 1/2 of the loan. If your roommate can qualify for the loan on her own you would have to reliquish your rights to the property to remove you from the ownership of the property
How soon can you remove your name as a cosign for a house?
As soon as the loan is paid off. The only way for a cosigner to "remove his name" is to pay off the loan. Since refinancing pays off the original loan (and creates a new one), this would provide an opportunity for the co-signer to opt not to co-sign the new loan.
Can you take your name off a car loan if you get divorced?
Only the lender can remove your name from a loan. This matter must be addressed in the separation agreement. The person who is keeping the car must refinance it in their sole name and pay off the prior loan.
If you cosigned a loan for your girlfriend who you were going to marry how do you remove your name from the loan and the insurance agreement now that the marriage has been cancelled?
She would have to get another loan to pay off this one or get the loan company to agree to drop you. There is nothing you can do to get your name off the loan. Your potential marriage had nothing to do with the loan. You were simply agreeing to pay the loan if she didn't.
