0
What else can I help you with?
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 you be sued if you co sign a car loan for your son and he gets into a car accident?
You can only be sued if your name is on the title as well. Financial institutions require a co- signers name on the title. But if it slipped by and your not on the title, you can't be sued.
Who gets sued if you are involved in an accident and the other person is at fault?
other person get sued
Can you be held responsible if someone else gets in an accident in your car?
YES. As owner of that vehicle you can be sued for things that happen in it. Most insurance companies cover people you loan your car to as "permissive users" but check with your company.
Can a grandparent cosign?
Absolutely anyone that can qualify for credit can cosign a loan for anyone. But be careful, as the person cosigning takes full responsibility for seeing the loan is payed and will be the one sued for failure to pay (not the person they cosigned for) should the lender decide it is necessary to sue (e.g. the car was destroyed while uninsured and thus cannot be repossessed and no insurance settlement will be made).
Can a cosigner be held legally responsible and sued for a car accident involving the primary borrower?
Yes, a cosigner can be held legally responsible and sued for a car accident involving the primary borrower, as they are equally liable for the loan and any related incidents.
Can you be sued if you are a co-signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
Can you be sued if you are a co signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
Can you be sued if your husband gets in an accident in his boat if his boat is registered in only his name and he owned it before you met him?
You personally cannot be sued, but the person may decide to claim on both of you, since you are in a marriage.
If you co-sign a car lease can you get sued even though you aren't on the insurance and the person gets into an accident?
Yes, the owners of the vehicle (and driver of course) are the ones sued, it has nothing to do with who is the named insured on the insurance policy.
Can you be sued if you cosign on auto that is in an accident?
It is possible to be found liable. As a cosigner you would want to make sure that you are listed as an additional insured and make sure that the policy limits are high enough to cover your assets. Essentially I would make sure that they are equal to what is on your current policy.
Car accident and the person who hit victim did not have insurance but victim does?
then it turns into a legal matter where the person who didnt have insurance gets sued for losses and medical expenses
