Legal Question in Credit and Debt Law in California
i am owner of car and daughter in law is co owner and she has not paid car payment and what acan i do
1 Answer from Attorneys
Unfortunately, that's the risk of co-signing for a loan since the other party may not act responsibly. There's really not a lot you can do. You would have to continue making payments on the loan or risk defaulting, which would harm your credit. However, if she really needs the car, your telling her that you will stop making payments may get her to pay again and change her behavior.
Larry L. Doan, Esq.
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