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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.


Can you replace a cosigner for an apartment with another cosigner?

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


Can a cosigner have a primary title holder taken off the title?

If you go to the registration office with the primary and have them give consent to the cosigner


Can cosigner pay off debt without borrowers consent?

yes


Your ex wife financed braces for your daughter without my knowledge or consent are you responsible for the debt?

Yes if it was done before she became your ex, no if she did it after, yes if the child lives with you.


Can you sEll your home without the cosigners consent?

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.


Does a cosigner have the right to enter a property without consent?

If they co-signed a lease they should check the property regularly and also make certain the rent is being paid on time. A co-signer on a lease is responsible for paying the rent if the primary lessee doesn't and is also responsible for paying any damages that go beyond the security deposit.


Can your 17 year old live with her grandparents with your consent?

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


Why should a boy be guilty of carinal knowledge of a juvenile if the girl had consent sex?

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


If I'm watching a friends residence and an old friend comes by to get what they said belongs to them by purchase am I responsible?

If you allow someone to enter the residence without the consent or knowledge of the owner and they take items from the home then you would be responsible for financial loss or damages that might be a result of the action.


Can you purchase life insurance on your parent?

Yes, with your parent's knowledge and consent.


Life estate put in more then one name can home be sold?

A property that is encumbered by two life estate cannot be sold or refinanced without the written consent of the life estate holders.


Can work be carried out on jointly owned property without joint consent?

No. Work should not be done without the consent of all the owners. Otherwise, the owner who didn't consent may be able to sue for damages and will not be responsible for any monetary amount toward the materials and labor.No. Work should not be done without the consent of all the owners. Otherwise, the owner who didn't consent may be able to sue for damages and will not be responsible for any monetary amount toward the materials and labor.No. Work should not be done without the consent of all the owners. Otherwise, the owner who didn't consent may be able to sue for damages and will not be responsible for any monetary amount toward the materials and labor.No. Work should not be done without the consent of all the owners. Otherwise, the owner who didn't consent may be able to sue for damages and will not be responsible for any monetary amount toward the materials and labor.


Is it an invasion of privacy for someone to write down your conversation without your knowledge or consent?

No.


In Oklahoma is it legal to record a telephone conversation without notifying the other party?

It is a federal law to record telephone messages without one party consent. There are 12 states who do two-party consent, which means all people must have knowledge of the recording. A one-party consent means only one person has to has knowledge and give consent to the recording. Oklahoma is a one-party consent state.


Can law enforcement pretend to be you without your knowledge or consent during a drug investiagtion?

Yes, law enforcement officials can pretend to be you without knowledge or consent during a drug investigation. It's called undercover police work and it is not entrapment.


Can emancipation occur with out the consent of a parent or legal gaurdian?

Yes, it can occur without consent. It cannot occur without their knowledge. They will get to have their say at the court hearing.


Can a 17-year old move out and live with an aunt in Georgia with out his parents consent?

No to my knowledge, you have to be 18 to legally move without your parents consent.


Can a 17 year old move out without being emancipated but have he consent of his or her parents?

With parental consent, they can move out. Emancipation means the parents are no longer responsible for them.


Can a 17 year old live with an adult sibling in Illinois?

If the parents give consent he can. As a minor he will need their consent for moving out. They are still responsible for what he is doing.


Can a doctor prescribe the pill to a eighteen year old without her parent's knowledge or consent?

no


How can you sue your business partner when they have closed down the business without consent or knowledge?

in a way


Can the executrix of an estate in the state of nc dissolve the estate without the consent of the beneficiaries?

The executrix is responsible to distribute the assets according to the will or the laws. The consent of the beneficiaries is not required.


Does executor have permission to sell your fathers house without beneficiaries consent?

The executor has the power to sell the house without the beneficiaries consent. They are responsible to the court to execute the will.


Why is consent important?

If you haven't got consent you're doing something against someones will, or at least without their knowledge. And that's not a nice thing to do, and might even be illegal.