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Co-signing
Promising to pay someone else's debt if that person does not make good on their obligations. Auto loans and mortgages often require a co-signer.
2,166 Questions
Can a 17 year old rent an apartment?
Two 16-year olds cannot rent a flat. You are going to need to be at least 18 years of age. Some places will require you to be even older than 18 in order to rent from them.
Are parents required to co-sign for an apartment when the tenant is over 18?
co-signors are required of anyone of any age who does NOT meet the credit requirements of the entity extending credit. doesnt have to be parents, that's just where kids normally go first. LOL
No you are not required to cosign for anything for anyone, not even your own child after the age of 18.
When a felon is caught that out on bail are the co signers still liable to pay the balance?
Yes, if a felon who is out on bail does not comply with the conditions of their release or fails to appear in court, the co-signers may still be held liable for the full bail amount. Co-signers are financially responsible for ensuring that the defendant complies with the terms of their release.
Can a cosigner be released if borrower is fraudulent?
You need to discuss the situation with the lender and provide proof that the primary borrower lied on the application. However, the lender may not want to hear your story. You stepped up to guarantee that the loan would be paid. You may need to sue the primary borrower in court yourself if they have defaulted on the loan.
I would ask the auto loan company to send you a copy of the contract to make sure that it exists and that it is something you signed. In most cases, when you agree to cosign on a loan you take on all the responsibilities of the buyer anyway, so I am not sure how much difference it will make, but if they aren't communicating with her for some reason, make sure that the dealership didn't submit the loan incorrectly, and you didn't accidentally sign it that way.
Can cosigner change his mind after signing the contract?
No. Once you have signed you are responsible for making sure the loan is paid. (An exception would be contracts signed at your home which have a right of rescission built in.)
What does it mean if someone has to co sign a loan with you?
To cosign a loan is to guarantee payment if the borrower fails to pay.
If they are a co owner on the reg, they have as much right to it as you-essentially, neither one of you can keep the other from using it paid for or not.
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).
Yes. You should visit the local court for information about filing a lawsuit against the primary lease holder.
Can you take co dydramol with aciclovir?
This sort of advice should be sought ONLY from a qualified medical professional - not on a website where ANYONE can answer your question, regardless of actual knowledge or qualifications to give such answers. Mixing medications is potentially a life-or-death matter, and you need to know you can trust the source of info before you act on it.
Can your cosigner refinance your car without your permission?
No. As the one who originally took out the loan, they cannot refinance your car loan without your permission. The only thing they can do (and have to do) is to pay your payments if you default on the loan.
How do you rent an apartment with bad credit and no cosigner?
You are at the mercy of potential landlords and your own bad credit history. There is no magic trick available. You may need to wait and save up a substantial security deposit and try to build up a better credit history.
Co Prins died on September 26, 1987, in Antwerp, Belgium of heart attack.
Can the co borrowers wife take vehicle from buyers if co buyer is incarcerated?
No. Not unless her name is also on the title. The persons named on the title have equal ownership of the vehicle.
How can you sue someone for breach of promise?
You should talk to an attorney to find out if that's still even a thing where you live ... in many places it is not.
Breach of promise is a largely outdated legal concept. It's generally considered that women are actually people nowadays, believe it or not, so they're not entirely helpless and dependent upon a man, and the "promise" in question has no actual monetary value.
Depending on the circumstances you might be able to sue to recover actual expenditures you incurred as a result of the wedding planning though. This is why you should talk to an attorney: breach of promise may be mostly dead, but breach of contract is alive and well, and a promise to marry is a verbal contract.
Does a cosigner have rights to the car if the owner passes away?
No. Not unless they are also listed on the title. A co-signer simply agrees with the bank to pay the loan if the primary borrower fails to pay. Co-signing doesn't grant any ownership interest in the property. If the co-signer pays for the vehicle they may be able to make a claim against the estate or sue to gain ownership of it.
It depends on how the business and the loan are titled. If the business is a partnership, the business may be responsible for paying the loan. If the borrowers signed as individuals the surviving signer may be able to make a claim against the estate. You should consult with an attorney who can review the loan and any business documents and explain your responsibilities and options.
