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This would be a question I would go ask my banker. If they can't help you then they might be able to point you in the dirrection of someone who can. From what I know... If your name is still on the loan papers then your answer is "Yes" you can be sued for the remaining balance on the loan. Do what you have to do to make sure that your name is nowhere on the new loan application or you can try get a written statement from the loan company that says that you have been relieved of your financial obligation to this loan.
What else can I help you with?
Is the person who cosigned for a rental agreement liable after 2 years?
The signers on a lease are liable for charges during the term of the lease.
If the cosigner files bankruptcy and claims the debt of the cosigned loan is the cosigner relieved of the cosigned debt?
Unfortunately, no. For all co-signed debts, both signers are liable for repayment of the debt. When one party has their obligation discharged by bankruptcy, the remaining debtor becomes 100% liable for repayment of the balance.
Do you have to get a cosigner after you already purchased the vehicle?
Co-signers are only asked to help you qualify if you have not been approved for the auto loan.
Do you have to pay if you cosigned on a home loan?
A co-signer shares legal responsibility for the debt with the signer. The debt can be reported on your credit, as can any late payments or foreclosures. Any legal action taken can and probably will include any and all co-signers should the loan default.
How many actual signers of the constitution were there?
39 signers
When was Signers Monument created?
Signers Monument was created in 1848.
If you cosigned for a school loan and you and the other person are no longer together how can you get your name off the loan?
Unfortunately when you cosigned the loan you are on it - no matter the outcome. You could check what your options are with the lenders incase they have their own set of rules or/also check with a lawyer.
What do the signers mean by a civil body politic?
What do the signers mean by a "civil body politic"?
George Washington he was one of the signers of the?
George Washington was one of the signers of the Fat Republic.
Why do the signers of the compact write they are coming to America?
why do the signers of the compact write they are coming home
What do signers mean by a civil body politic?
What do the signers mean by a "civil body politic"?
What do signers mean By civil body politic?
What do the signers mean by a "civil body politic"?
