Legal Question in Consumer Law in California

loan

I co-sign for a friend and now they

are hiding the car.I was told the car

is now a charge-off,and that they will

come after me,I understand that and

I'm still tring to get back the car to

give them,I have not heard from

them in two months,can they take

my taxes without contact or

judgement, which i'll get next month


Asked on 12/20/07, 5:20 pm

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Re: loan

The lender would have to file suit against the borrowers and obtain a judgment before exercising any remedies that the law allows. Once they have a judgment, they could execute against your bank account and wages if they desired to do so.

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Answered on 12/20/07, 7:37 pm


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