Legal Question in Credit and Debt Law in District of Columbia
Co-sign Auto loan
co-signed a loan for dauther.my name is not on the title or regestration the are behind on payments is there a way to have my name removed from the loan?
Asked on 7/30/04, 11:45 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Co-sign Auto loan
The fact that your name is not listed on either the vehicle title or registration is irrelevant.
Since your daughter is now in arrears on the payments, the noteholder will now look to you for payment and will never agree to have your name removed from the note obligation until the full amount of the loan has been payed.
Answered on 7/30/04, 1:44 pm
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