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In the event the loan defaults, and the lender obtains a judgment against you, AND the judgment is also defaulted on, the lender could petition the court for an order to sieze or liquidate other real property. The likelihood of this is small, and the occurrence of it is rare, but it is possible.
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∙ 14y ago
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Can you cosign a car loan in a different state?
nope
Can a husband cosign for a car loan for his wife?
Yes
Can you cosign without your name being on the car just the car loan?
yes
If you cosign for a car loan can you be sued successfully?
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Can someone without a job co-sign on a car?
Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.
Can a husband cosign for a car loan for his wife?
Yes
Can you cosign a car loan in a different state?
nope
Can you cosign without your name being on the car just the car loan?
yes
Can your husband cosign on a car loan with a suspended license?
ok Should not be a problem. A car loan is about credit, not driving.
If you cosign for a car loan can you be sued successfully?
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Who can garnish ssd checks?
i cosign for a car am on ssd the car was rep ode now there after me to pay the loan
If i cosign a car for someone will my name come off in a year?
No. It doesn't come off until the loan is paid and if the person who is getting the loan doesn't pay you will owe for the loan. When you cosign it also goes on your credit report.
Can someone without a job co-sign on a car?
Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.
What did the math teacher have to do so his daughter could buy a used car?
Cosign the loan
Does a cosigner need a driver's license?
You need a lisence to drive the car, but not to cosign a loan.
Can someone else insure a car if the loan is in your name?
Depending on the state you must at least cosign.
If you are sixteen can you get a loan for a car if you have somebody with good credit who will cosign for you?
Yes, that's the simplest way to do it.
