You need to talk to the person that is the co-owner with you. Maybe they will let you get out of your agreement.
read the contract that you co-signed. It usually stipulates whether the collateral can or cant be rented. If it says NO, then you have the option of cautioning the co-signor about it and then informing the Lender that the contract is in DEFAULT.
Simple lease agreements need to be signed before moving into a new flat or house. A lease must be signed by both parties, and the lease does not need to be co-signed by a witness.
"How do you find out if you are responsible ..... but you co signed on it."" You co-signed, you are responsible. What do you think "co-signing" is for? Call a local attorney.
One co-owner must obtain the written consent of all the owners if they want to rent the property. In fact, a lease, to be binding, must be signed by all of the owners.One co-owner must obtain the written consent of all the owners if they want to rent the property. In fact, a lease, to be binding, must be signed by all of the owners.One co-owner must obtain the written consent of all the owners if they want to rent the property. In fact, a lease, to be binding, must be signed by all of the owners.One co-owner must obtain the written consent of all the owners if they want to rent the property. In fact, a lease, to be binding, must be signed by all of the owners.
When you co-sign that is YOUR LOAN! I am sure your banking institution made you aware of this. When one chooses to co-sign it's because the person they co-signed for cannot get a loan for one reason or the other. In over 90% of the cases the person you co-signed for does not pay off the loan. I suggest you go into your banking institution where you co-signed for that loan and make an appointment and see what they can do for you. However you handle this you will be paying out something.
If your aunt co-signed a loan then she is responsible for paying the loan. That's exactly what she agreed to do when she co-signed. It is not your debt.
Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.
Answer Most likely you will have to pay for the car, as you co-signed for it. If you don't want the car, you can alway sell it and use the money from the sale of the car to help pay it off.
It all depends on your credit score. You would have to be able to qualify for both the co-signed car and the one you want to purchase for yourself.
Read the contract you co-signed. It should relate the info you want. USUALLY, lenders dont notify the co-signor until the car is sold at auction and its time to PAY UP.
The Declaration of Independence was signed in the State House in Philadelphia.
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