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First, READ your CONTRACT. See any violations? then read the top of the page where you posted and put your state in your message. Then you can get state specific info. sorri, I can't read minds.PS, how do you KNOW they didnt contact the co-signor? Maybe the co-signor told them where you were??
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โˆ™ 2015-07-16 18:29:55
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Q: If your truck was repossessed without contacting the cosigner first to give them the option to pay did they do anything wrong?
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Related Questions

As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?

Nope.


Is a cosigner liable for the balance of a repossessed vehicle if the loan company auctioned it without notifying them?

READ your contract you signed. Call a local attorney for state specific legal advice.


What happens if one co-buyer of a vehicle lets the car get repossessed and moves abroad without paying the deficiency?

The other co-owner or cosigner will be responsible for the debt.


Can you get a student loan without a cosigner?

Yes if you are a US Citizen you may get a loan without a cosigner. However, your % will be higher in terms of interest. As a result it is best to have a cosigner.


If you move abroad without paying the deficiency of about 12000 dollars on your repossessed car can you be arrested or detained upon reentering the US?

YES! Just wondering how you know that? What would the crime be? What if the person had a cosigner?


Is the cosigner of an auto loan responsible for the loan if the loan was refinanced by the buyer without the knowledge or consent of the cosigner?

No, the refinancing without the consent or knowledge of the original cosigner created a breach of the original lending agreement and the cosigner is no longer legally obligated for the debt.


How can a cosigner be removed from the loan?

The only option is for the loan to be refinanced without the particpation of the present cosigner.


If you are a cosigner in someone's loan for a line of credit and he is at default what can the cosigner do to take his name back?

Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.


How do you get a student loan without a cosigner?

SallieMae.com offers loans to sophomore or higher college students with out a cosigner.


What do you need to qualify for student loans without cosigner?

Student loans are provided without consigner based on needs. For example if you are independent from your parents, you can qualify for student loans without cosigner.


Can you refinance your car without a cosigner if your current loan has a cosigner?

if you take it to your personal bank and ask them how much you need to have paid already they can indeed refinace you and remove the cosigner


How can I get a student loan without a cosigner?

Although it is very difficult to get loan without cosigner. Majority of the students don't apply because they don't have any cosigner. But now a day many organization are helping such student who don't have any cosigner. You can apply for such loan that not required cosigner. These loans called no cosigner student loans. You can find a detailed procedure through link that is in "Related Links"


What are the consequences if a cosigner on a car loan sells the car without the permission of the other cosigner?

Possible fraud charges.


Can my cosigner take their name off the loan without my permission?

The only way to take a cosigner off of a loan is to refinance it.


What are the legal responsibilities of a cosigner on a lease agreement?

The legal responsibilities of a cosigner on a lease agreement are the same as the tenant without the benefit of tenancy.


When could women legally get a checking account on their own without a cosigner in the US?

women could legally get a checking account on their own without a cosigner in the U.S. in present day today.


Can a title pawn sell your car after its been repossessed without telling you?

Yes. Once you default on your loan, it's their car. They're not obliged to tell you anything.


What are the consequences for taking your car back from a dealer after it has been repossessed?

Without proper permission (in writing) to take your car after it's been repossessed, it is considered stealing. Anything from jail time to a hefty fine. If it's been repo'd, it's not yours anymore.


College loans without a cosigner?

Not a problem. Try wells fargo.


Can cosigner pay off debt without borrowers consent?

yes


Can you get another loan without a cosigner?

Yes, if you have a good credit score.


How long does a cosigner need to be on the contract?

untill its paid off * The other option is for the primary borrower to have the loan refinanced without the participation of the original cosigner.


Can most students get a loan without a cosigner?

You can get a loan if you are a student without a cosigner however it can also be a little tricky. I would suggest going to your local bank and chatting to a financial advisor for better advice.


Is the primary on a loan obligated to pay back a cosigner if the cosigner pays off the loan without the knowledge of the primary?

YES !!! He/she should certainly discuss it with the cosigner. It may be a gift or it may just be that the cosigner doesn't want to have that note appearing on his/her credit report. Whatever the reason, even if the cosigner did it as a gift, the primary should acknowledge and express appreciation. But be prepared if the cosigner expects the loan to be paid back.


Can a 19-year-old without credit who is not a student sign a lease without a cosigner?

No.