Legal Question in Legal Ethics in California
Lease Contract Issue
My wife co-signed for her son to lease a car in California.
We live in Texas. He can't uphold the payments, and they want to repo. What is the worst that can happen to her/us
as far as our credit, should they repo? They can sue us,etc.? We plan to build a house in three years. My wife is scared to death abut what can happen.
Thanks..
Asked on 4/18/02, 6:49 am
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: Lease Contract Issue
She will have to pay the entire loan or be sued. Isnt that exactly what she agreed to?
Answered on 4/18/02, 11:28 am