Legal Question in Credit and Debt Law in California

i co-signed & she stop paying

she stop paying the loan, am i responsible to pay for it & the interest? if yes, can i pay just half of it. can i sue her? she got the loan in florida & now lives in venezuela. i lived in california.


Asked on 3/04/08, 2:58 pm

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

Re: i co-signed & she stop paying

You took a risk, and you lost. You're required to repay the loan as the co-signer. You could sue her but you probably wouldn't have much success collecting on a judgment, unless she still has a bank account in or returns to California.

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Answered on 3/04/08, 3:36 pm


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