answersLogoWhite

0

To sue a cosigner, you should first review the loan agreement to understand the terms and obligations of the cosigner. Next, attempt to resolve the issue amicably through communication or mediation. If that fails, gather all relevant documentation, such as the loan agreement and any payment records, and consult with an attorney to assess the viability of your case. Finally, file a lawsuit in the appropriate court, ensuring you follow all legal procedures and deadlines.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

Can a cosigner sue the primary for the full amount of loan when the cosigner pays it off?

A cosigner can only sue if the primary borrower signed an agreement for the cosigner to pay the debt and then be reimbursed. The consignor can not sue if they, at their own liberty, decided to just pay the debt.


Can a cosigner on your college loan sue you?

Yes, if you defaulted on the loan.


If you are making sporadic payments to a collection agency and they cash them can they still sue the cosigner?

Unless you have a specific repayment plan that the collection agency agreed to, there is no legal reason that cannot sue the cosigner.


Can you sue the borrower if they defaulted on loan if im the cosignor?

Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.


If you are being sued for subrogation on a co-signed vehicle and need to file a cross-complaint against the primary borrower should you sue for damages breach or breach of contract?

The cosigner did not have a contract with the primary borrower, only with the lender; that being the case the cosigner would sue for his or her financial losses not for a breach of contract.


What is the procedure to sue to be released from a mortgage as a cosigner?

There is no procedure for this. The mortgage must be refinanced.


Can a primary signer sue cosigner on a loan?

I'm almost afraid to ask....for what?You really aren't thinking you can sue the co-signer for your failure to pay your debt are you?You understand, the cosigner isn't there to protect the primary...he is required by and there to protect the lender!


How can a cosigner sue estate of deceased borrower?

To sue the estate of a deceased borrower as a cosigner, you would need to file a claim in probate court against the estate. The court will then determine if the debt owed is legitimate and if the estate is liable to pay it off. It is advisable to consult with a probate attorney for guidance through this process.


What can a cosigner do when the car was involved in an accident and he was not the driver?

I've seen enough 'Judge Judy' episodes to almost recite her exactly... Anyone who cosigns for something - is equally liable for any costs. Although they were not responsible for the actual accident - the other party can sue each cosigner for the cost of repairing the damages.The cosigner who was not driving - would then have to sue the driver to recover their money.


What can a cosigner do after a car is repossessed Can they sue the primary signer?

Seems pointless to even consider. If the primary signer didn't have enough funds to make the car payments, they probably will not have enough funds to pay any lawsuit you charge them with. Fact is, if the primary signer defaulted on payments, then the cosigner would be responsible for making them - If repossession occured, then it was due to the fault of the cosigner .. can't sue yourself.


How do you the cosigner sue primary borrower?

The cosigner contacts an attorney who will process the paper work for him. Or, the cosigner can file the suit (foolishly) pro se (on your own). Or, the cosigner can file the suit in small claims court. What is important is that the cosigner can show significant and real damages before filing, or hope he is not filing in a state that will bring criminal charges for filing a frivolous law suit.


Can a cosigner sue the signer?

If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.

Trending Questions
Is sensitive data and unauthorized use could result in criminal prosecution or termination of employment? When a defendant lives out of the state where the lawsuit was filed can he still be deposed in the state where the suit was filed or in his hom state? What you the most common and least used method used to add an amendment to the constitution? When will they start sending out the checks? How many children died in the Rwandan Genocide? What did the central government consist of? If someone cause a person to commit suicide can legal charges be brought against that person? How long do you have to be charged after the fact with solicitation of prostitution? If an employee is out on workman's comp for only 2 days can the employer pay the employee using sick or personal time to cover days missed? What is the minimum age requirement for a person to be able to vote? NAACP lawyers began their desegregation efforts by focusing on? How can I download YouTube videos without facing copyright issues? Can an apartment complex refuse to rent an apartment to you if you have filed for bankruptcy in the state of Florida? Can you lose LICENCE for being habitual trUant? Can attorneys refuse to update clients? How a bill becomes a law rap lyrics? How did the terrell election law affect people? Are laser pointers illegal in the UK? What does civil rights are relative not absolute mean? If the police obtain a search warrant to seach a home and they do not find anything pertaining to the warrant when they search the home can they still seize items.?