Cars & Vehicles

How should you be contacted if the car you cosigned on is being sold?


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2006-12-30 23:17:57
2006-12-30 23:17:57

In a few states both the primary borrower and the cosigner must be notified by the lender through a "Right To Cure" notice before repossession action can occur. In Wisconsin a replevin order is necessary before a repossession can take place, but the cosigner is not always notified. In the majority of states the lender does not need to give either the primary or the cosigner notice of repossession action.


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If being in escrow means sold...yes

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