Debts and Credit Legal Questions and Answers
How Do I Guarantee Repayment if I Cosign for a Loan?
Should I co-sign a loan with my husband, for a 80k loan with my father-in-law? My husband and father-in-law want to use 'Island Property' which is owned solely by me (not with my husband) and is also reflected in the Legal Title of Ownership (in my name only)?#1 - The lender, is my father-in-law's Trust, and it is a family 'understanding' that the gift of $80,000 would be deduc...
04/20/2010 | Category: Debts and Cr... » Cosigning | State: Washington | #21859How Do I Get Repaid When I Cosign a Loan That Goes Into Default
When I was married to his mother from 2000-2005, I became a co-signor to my step son's several private college loans with totaling approximately $125,000. He graduated 3 years ago and since has barely made payments. He has been late so many times that my credit has suffered and now it looks like he will default. I have the funds to keep current but I do not feel I will be paid...
08/10/2009 | Category: Debts and Cr... » Cosigning | State: Georgia | #18033How Do I Revoke a Cosigner Agreement?
My spouse and I co-signed for a VA Home Loan in Universal City, Texas, both our names are on the mortgage paperwork currently with Wells Fargo. My spouse would like to be removed as a co-signer from this VA Home Loan/Mortgage with no future liability for the loan. What is the legal process to do so?
07/18/2009 | Category: Debts and Cr... » Cosigning | State: Texas | #17637Is there any way to force my step daughter to pay for her student loans I cosigned on?
I am a co-signer on a student loan for my stepdaughter who continuously avoids payment on it. I have paid about $2000.00 on it over a period of 8 years. I am getting harassing phone calls from the lender. She also avoids them as much as possible, but the last 2 times she set up payment she had insufficient funds and then they proceed to me. Can I take out a debt warrant or is t...
03/10/2009 | Category: Debts and Cr... » Cosigning | State: Virginia | #15536As a Co-signer is there a way I can force the sale of the vehicle?
I co-signed for a car. Is there any way I can legally force a sale of the car?
03/09/2009 | Category: Debts and Cr... » Cosigning | State: Pennsylvania | #15492Am I liable for any part of the payment of the services rendered?
I am about to go into arbitration concerning a loan in which I cosigned/co applied. Because the primary borrowed did not have the income that was stated on the application i requested to rescind me as co applicant 2 weeks before the services were rendered. I made the request in writing. However, the primary borrower accepted the services anyway. I requested in writing by regul...
12/25/2008 | Category: Debts and Cr... » Cosigning | State: Michigan | #14855I 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...
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 loa...
05/28/2007 | Category: Debts and Cr... » Cosigning | State: Kansas | #5998Am I responsible for a vehicle I co-signed for that is almost paid off
I co-signed an autombile loan for a friend. The loan is nearly paid off and I am not concerned about obligations to the creditor. My questions is do I bare any legal responsibility if this car is involved in a car accident resutlting in personal injuries or property damage since I am listed as a co owner.
05/27/2007 | Category: Debts and Cr... » Cosigning | State: Colorado | #5977I co-signed a vehicle for an ex-fiance. She later took off with the vehicle across the US, left it with a person I didn't eve...
I co-signed a vehicle for an ex-fiance. She later took off with the vehicle across the US, left it with a person I didn't even know and took off to another state. When I recovered the vehicle, it was nearly six months late in payments and had some minor damages which I paid for out of my own pocket and even my retirement fund. Is it possible for me to sue her for those late pa...
05/13/2007 | Category: Debts and Cr... » Cosigning | State: California | #4606How can I have my ex-boyfriend removed from the title of our financed vehicle?
An unmarried couple (engaged), living together, purchased a vehicle with both names on title/loan. Actually, I was the primary signer, he was secondary. We have now split up, and vehicle is with me. I have been making the payments. How can I get his name off of title/loan and how can I get the second set of car keys from him (legally)? He refuses to give me keys.
05/09/2007 | Category: Debts and Cr... » Cosigning | State: Georgia | #4323