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It's fraud, and obtaining money or goods under false pretenses, and forgery. In other words, a crime. The dealer or lender should have verified ID before they let just anyone sign their name. You shouldn't be responsible if you never signed it, but you would definitely have to pursue legal action against the person who forged your name.

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Q: What to do if a person forged a cosigners signature on a car loan are they still responsible?
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If the primary lender loan discovers that the cosigners signature was forged can the primary repo the vehicle no matter what the time of discovery?

If the signature was not only forged but done without the knowledge of the person, the party involve has a bigger problem than a "repo". Be that as it may, the agreement was made fraudulently and the lender has the right to reposession and recovery of expenses, by whatever means necessary.


Does a cosigner on a mortgage mean that person is an owner of the property?

Yes it does, Only after you refinance the property may you take the cosigners name of the mortgage loan.


How do you know if your spouse has a life insurance policy on you?

You ask him or her! The reality is that she can not take out a life policy on you unless you have signed an application for said insurance at some point. If she took one out on you and forged your signature that would be insurance fraud. 4lifeguild In order for someone to take out life insurance on another person, the signature of that person is required. No one can take out a policy on a person unknowingly unless they commit the felony act of forgery. If you even suspect your spouse is involved with something like that, you should be looking into othe rliving arrangements.


Does a bank require a signature of the person authorized to sign checks be on the signature card?

true A+ users that's all I know


Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?

The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.

Related questions

If the primary lender loan discovers that the cosigners signature was forged can the primary repo the vehicle no matter what the time of discovery?

If the signature was not only forged but done without the knowledge of the person, the party involve has a bigger problem than a "repo". Be that as it may, the agreement was made fraudulently and the lender has the right to reposession and recovery of expenses, by whatever means necessary.


How can you prove signature?

you can have the real person sign their signature and compare it to the one you think got forged or ask the person who had their signature written down if they recall signing it.


What should a notary do if a person forgerd her signature?

A forged notarization, where the person claims to be a notary, should be reported to the agency that grants notary licenses and they will instruct you on how to continue. A forged signature, of a notary but not claiming to be a notary, is reported to the police.


What proof is needed to prove forgery?

To prove that the signature is a forgery, you would use expert handwriting analysis. To prove that a specific person forged your signature is a bit harder, but if you can pin down the time when the document in question was signed, there MIGHT be relevant security camera footage. Otherwise the evidence is circumstantial. If a particular person is trying to make use of this forged document (e.g., is trying to cash a forged check) then there is a reasonable presumption that he is the person who committed the forgery.


What is A fraudulent signature is called?

A fraudulent signature is often referred to as a forged signature or a counterfeit signature. This occurs when someone signs a document using another person's name without their authorization or consent, which is illegal and unethical.


is forged signatures ocn "Loan Requests" considered fraud which is a criminal offense. The forged signatures were from an Agent for Mass Mutual Life Insurance Co.?

Yes anytime a signature is made thats not done by the actual person that can be considered fraud.


If a person defaults on mortgage payments will this affect the cosigners on their student loan?

yes


Are you responsible for the debt if you signed for a person who can't write?

If you only assiisted the illiterate debtor with their signature probably not. However, if you co-signed the note as being responsible for their debt, yes you are.


What could all the possibility's be if you forged a person's signature?

There are many crimes that could be involved. If it involves transfer of money or goods, it is fraud and can result in felony charges. Other types of fraud could be charged as well.


How can you press charge on my ex-husband who forged your signature to open a bank account?

Definitely Yes. Forging another person's signature, even if the other person is your own spouse. You can contact your nearest police booth (station) and file a complaint against your spouse and provide details of the same. Legal action would be initiated by the cops against your husband.


In the signature block what does ITS mean?

"ITS", or "Its" is part of a document's signature block and follows the company name and person's signature. Eg: ABC Company, By: [signature], Its: [Title of person].


Does a cosigner on a mortgage mean that person is an owner of the property?

Yes it does, Only after you refinance the property may you take the cosigners name of the mortgage loan.