Legal Question in Credit and Debt Law in Arizona
i co-signed on a loan with my sister a year later she redid the loan and toke my name off and then six months later redid the loan again to get lower payment and percentage. Now she is having proplems and is unable to pay. Since i am no longer a co-signer they can not come after me i am not resposible for that loan would that be correct. Thank you
Asked on 11/15/10, 9:45 am
1 Answer from Attorneys
Debra Palomino
PALOMINO LAW FIRM, P.C.
Yes, if your name was removed from the loan, you are not obligated to pay.
Answered on 11/22/10, 9:07 am
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