0
Is the co signer resposible for a loan if they did'nt know they were being held responsible for the loan?
Wiki User
∙ 16y ago
To be a cosigner on a loan you would have had to sign the papers regarding the loan in which if you don't know then you obviously didn't sign them and are a victim of fraud.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What happens if a co-signer didnt sign the loan paperwork?
Ask for copies of the contract and make sure someone else didn't sign for them. Not your copy but what they have on file. Without real signatures the contract is void.
What are the rights of a cosigner when the primary filed bankruptcy then didnt pay the bankruptcy so the bankruptcy was dismissed?
As a cosigner, you are not at all protected if the primary signer files for bankruptcy. In many cases, filing for bankruptcy relieves the primary signer on the loan from his obligations towards the loan, at which point the lender will turn to the cosigner for payment. You'll either have to pay the loan or file for your own bankruptcy (if necessary).Unfortunately, you're stuck with the loan regardless of whether or not the primary signer successfully completes his bankruptcy filling. You may want to contact a bankruptcy lawyer for some additional advice or assistance.
If you cosigned a loan and then went bankrupt and the original loan person skipped on the loan are you now liable as the cosigner even though you went bankrupt before?
Yes you are still responsible, especially if you didnt put it in your Bankruptcy, Any obligation you dont include you are still responsible for
What did you do with your first million?
buy everything you didnt have before
What if you didnt show the pan card if the amount is above 50000?
transaction will be declined.
If one co-signs for someone who dies is that co-signer's personal property responsible for the recovery of that loan?
YES, it is no different than if the co-signor was the only one on the loan. They promised to pay if the primary didnt.
Who was responsible for the Virginia Plan?
because they didnt have land
What was the pharoah responsible for?
for demanding other people do the things they didnt want to do
What happens if you buy a house with a lien on it and you didnt know?
Whose responsible for the house payment= mortgagee or owner
Iam being sued for cashing a check for a friend that didnt have a checking acct and was a deposit for a job that was never done are you responsible you did not receive a penny from the check?
a summoms for small claims court was issue to both of us.what can i do and what are my rights ?
What happens if a co signer didnt sign the loan paperwork?
Ask for copies of the contract and make sure someone else didn't sign for them. Not your copy but what they have on file. Without real signatures the contract is void.
What happens if a co-signer didnt sign the loan paperwork?
Ask for copies of the contract and make sure someone else didn't sign for them. Not your copy but what they have on file. Without real signatures the contract is void.
Does a co-signer have the right to take the vehicle from the owner if the payments are not made?
if you didnt make the payment/s then you are in "default" of the loan agreement. the co-signer or bank can take it back. in order to get it back you must become current w/ payments or if they sell it then your responsible for any money lost if it sells for less than the loan. read the contract, its in there. A cosigner would only have rights to a vehicle if their name is on the title. Due process, and a court order, is the only way to take possession of the vehicle in question. That could only be done with the consent of the lender.
If your job didnt take the required amount of money out of your paycheck for child support are you responsible for their mistake?
It's your debt.
If you back into someone and there is barely any damage to a car could you get sued if you didnt get their information but gave them yours?
You can be held resposible for doing damage to their car, but there's no crime in you not taking their information. It's in their interest to get their car fixed, so as long as they can contact you about that and sort that out it's OK.
How being a Muslim affect amir khans life?
it didnt
How does Bella's dad feel about her being pregnant?
he didnt know
