Yes.
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You can be sued for most anything- the question becomes: do they have a case?
If they sue without just cause then they can open themselves up to a lawsuit for "bad faith pleadings"
Most courts, that I have heard of, need a written "contract" with the person taking out the loan signature.
YES
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Yes.
A Post Office personal loan is a competitive personal loan with various amounts. One can ask for a Post Office personal loan for different periods of time.
Yes
Most courts, that I have heard of, need a written "contract" with the person taking out the loan signature.
YES
Yes
No
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Yes.
A Post Office personal loan is a competitive personal loan with various amounts. One can ask for a Post Office personal loan for different periods of time.
Broke, sued, socially ostracized, deceased.
Call the loan company and try to work with them. Next step is you loose the car.
In short, if the loan is not paid, everyone on the contract can be sued. If the loan is in both names, then both people are "jointly and severally" liable for non-payment, meaning that they can both be sued if the loan is not paid, and one or both of them must pay the awarded judgment, and the non-paying party may then be sued by the one who had to pay.
Pay or fight. A default judgment is about the worst outcome.