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Is the cosigner responsible if the bank repossessed the loan without notifying them first?In: Repossession |
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Answer
I believe you have 3 choices.
- 1. Pay the loan off.
- 2. Do the B/K route.
- 3. Make sure the lender can find the primary debtor so they can get the money from s/he. If they had any money to start with, you wouldnt have had to co-sign, rite? BUT it is TAX time, maybe they will help you with their refund. Good Luck
First answer by anonymous. Last edit by roosta. Question popularity: 98 [recommend question]
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