When an auto loan is in default in the state of NC is the buyer or co-buyer primarily responsible?
Both the buyer and co-buyer are equally and completely
responsible. All parties on a contract are 100% responsible to pay
the note in full per the terms of the contract. Neither person is
"more" responsible than the other. My suggestion is to help the
bank find the auto and they may cut you some slack on the any
remaining balance after the sale out of good faith but they have no
obligation to do so.