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If you want to get off of a loan as cosigner can you just sign a document saying you are no longer responsible for the car loan and that the other party is?
Wiki User
∙ 17y ago
No. The only way to be removed as a cosigner is for the loan to be refinanced assuming the lender will allow that to happen.
Wiki User
∙ 17y ago
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If a vehicle is repossessed is a cosigner responsible for 100 percent of the balance?
Jason, you are just as responsible as the signor. Think about it, you knew the signor's credit wasnt good or you wouldn't have needed to co-sign. When you co-sign, you are saying "if they don't pay this loan,I WILL". Make sure the lender knows where the the whereabouts of the signor and how to get in contact with them. good luck
What is the document saying you can not be near someone?
Restraining Order
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The amygdala is responsible for controlling or regulating emotions. I remember this by saying "amy is emotional"
What is the grammatical difference in saying I am responsible to you and I am responsible for you?
Responsible to you means you have a responsibility that is all your own to this person. Responsible for you means that you are acting on behalf of someone but they have some responsibility in the action.
Can you co-sign for anything with bad credit?
No, most lenders will be looking at your credit before they accept you as a cosigner. They are looking for someone responsible since you are in essence saying that you will be paying the loan if the primary signer can't for any reason--sickness, death, layoff, loss of job etc. It will be your job as a cosigner to follow up and making sure the primary person is making payments...if they are not you will need to. This will affect your credit if you let it go...and it will not be good. It could also last for years affecting both of your credit reports..
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It's called a 'patent'.
Why was the Declaration of Independence important to the colonists?
It was the document saying they want freedom from England
Is a witness to a signature liable?
Not to the terms of the document - they are only saying that they saw the person identified of the document actually sign it. If they didnt, they are guilty of fraud.
Is Hamlet responsible for ophelia death?
No. Hamlet is responsible for his own behavior, of saying unkind things to Ophelia and misleading her, but he isn't responsible for her climbing that tree.
Can your parents just sign papers saying that they are n longer responsible for you and you move out?
No, legally disowning a minor is not a simple process. Parents have a legal responsibility to provide care and support for their children until they reach the age of majority, usually 18. If you are a minor seeking to move out, it would be best to explore other options such as emancipation or seeking support from social services.
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i want to create one document for saying tips and tricks of one tool. what will be the title of the document. provide the suitable title
In new york state can a parent kick out a 18 year old child from their home and not be legally responsible for his expenses?
At 18 years old, you are considered an adult and your parents are no longer responsible for your support unless there is a child support order saying otherwise.
