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Sister cosigned a car loan but they registered the car in her name is that legal?
Wiki User
∙ 16y ago
Its half hers.
Wiki User
∙ 16y ago
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What happens if a relative cosigns for a business loan and he dies?
my mother cosigned for a leased car for my sister. my mom has died. what do we do with the car? will my sister now be responsilbe?
Someone cosigned a loan for me and I since lost my job can this person file suit for the entire loan or just what she cosigned for?
No, you would have to redo the loan.
If you cosigned on a loan and they are constantly late on their payment can you take legal action and ask that she refinance the car?
Nope... You signed a binding contract.
How can you get out of cosigner even through you already cosigned?
Pay the loan off and then collect payments from the person you cosigned for.
Who pays the loan if a car is repossessed?
The one who BORROWED the money and/or the on who COSIGNED the loan.
If you get married are you responsible for the loan your spouse cosigned for their sibling?
No.
The person you cosigned for on a car loan passed away am I still responsible for the loan?
Yes
What are the options if an exfiance wants off a cosigned student loan but the borrower cannot get another loan to pay off or refinance the cosigned loan and no the loan has never defaulted?
Since your ex-fiance cosigned on the loan, they are just as much obligated to the contract as you are. The only way they could get their name "off the loan" was, as you said, for the original borrower to obtain a new loan, in order pay off the original obligation. If this is not possible, then she is locked into the original contract.
You cosigned on a loan without mu spouses knowledge - Have you rished his business?
You are responsible for co signing the loan. If you are partners with your husband in his business, have a loan together on the business, then yes, the business becomes an asset that could be attached if the loan you cosigned on should be defaulted on.
Your Grandpa cosigned your student loan The loan was private He recently passed away Can you get the loan discharged?
No dude you are stuck.
Do you have to pay if you cosigned on a home loan?
A co-signer shares legal responsibility for the debt with the signer. The debt can be reported on your credit, as can any late payments or foreclosures. Any legal action taken can and probably will include any and all co-signers should the loan default.
If you cosigned for a car loan how can you get out of the loan?
The loan must be paid off or the lender must agree in writing to remove your name from the obligation.
