Legal Question in Credit and Debt Law in California

co sighing rights

i am the co sighner of a veichel relations became all bad how do i get out of anything to doi with that vehicel


Asked on 5/13/08, 11:46 am

1 Answer from Attorneys
Stanley Moerbeek The Law Offices of Stanley L Moerbeek

Re: co sighing rights

As a co-signor you have all of the liability and probably none of the benefits. Barring an attorney making some deal with the finance company on your behalf, you will be stuck with the bad payment record the repo., and the deficiency judgment on your financial record. And, it is far from certain that the finance company will even be willing to make a deal with your attorney early on when it's the best time to deal with the situation.

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Answered on 5/13/08, 6:55 pm


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