I had a friend who brought a car and she needed someone to co-sign for her. So I did. The mistake of my life. Sometimes sh...
Full Question:
I had a friend who brought a car and she needed someone to co-sign for her. So I did. The mistake of my life. Sometimes she'll make the payment and other times she doesn't. The loan is thru Wells Fargo and they stated I could go and get the car since my name was on the Title. I have a copy of the title. Is there anything I can do to get this car or get my name off the loan? Also, we aren't on speaking terms at this time. Should I get an attorney and take her to court? I could just confront her and take the car. I would really appreciate some information on how to handle this situation. Or am I just out of luck and I'm going to have to pay on the loan no matter what?
05/28/2007 |
Category: Debts and Cr... ยป Cosigning |
State: Kansas |
#5998
Answer:
Unfortunatley, I'm unable to provide legal advice. You have a right of possession as an owner of the car. However, unless the bank agrees to have the loan assumed or refinanced and remove you as co-signor, you can't remove your name on your own.
