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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.

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โˆ™ 2007-09-24 15:02:55
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Q: 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?
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Related questions

Once the cosigner signs the contract can the borrower take more money out?

Not w/o the knowledge and consent of the co-signer.

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Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.

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actions occur when there is now perfect knowledge or consent, or when either or both of the knowledge or consent is partial. Angelbunchfranco :)

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Certainly they can, with your consent. You are still responsible for them and their well being.

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She can consent all she wants but unless she has reached the age of consent it is not legal.

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You don't need the permission of the cosigner on a loan to dispose of your property.If they're a co-owner, then you do need their consent, regardless of whether they're also a "co-signer" or not.

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