No. If the lender requires a co-signer and that co-signer doesn't sign the note then the lender will not pay over the proceeds of the loan. Without the co-signer's signature the contract is not valid.
If the co-signer has not signed the contract, he or she is not bound by it. A signature indicate knowledge and agreement to the terms.
No. A contract is a meeting of the minds involving all participants.
No, one can not remove a cosigner from any contract after 6 months. The cosigner will have to stay on the contract until the contract is paid.
Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.
An auto cosigner, in the state of Indiana, has to meet all of the requirements of the contract. In most cases the cosigner has the same obligations as the primary signer.
Not w/o the knowledge and consent of the co-signer.
You can't. You are just as legally bound as the primary signer on the contract and as such are obligated to satisfy the terms of the contract. That's why it's NEVER a good idea to be a co-signer.
If the contract was supposedly made for a co-signer and lead signer then no, it would be non-valid if not signed by both parties.
You may want to consider a federal student loan as these types do not require a cosigner.
The cosigner can ask but I seriously doubt they will be successful. The cosigner knew the risks when they signed the loan application. The cosigner knew, or should have known, the borower's history of successful loan payoffs were questionable at best. The cosigner assumed the responsibility when they signed on.
Because the cosigner guaranteed the to pay the loan if you do not. You fail to make a payment and the lender will be looking at the cosigner for the payment. You not only have an obligation to the lender who lent you the money but to the cosigner who also signed his name to the loan agreement.
No the co-signer is on for the life of the loan
No, it is not possible for an underaged person to enter into a financial contract with or without a cosigner.
Both parties on the loan. Co-signer and other person they co-signed for