Legal Question in Civil Litigation in Florida
Co-signer
If a person cosigns on a loan, and the primary defaults causing the cosigner to pay balance, can the cosigner sue the primary in small claims court for the amount paid?
Asked on 3/06/06, 12:24 pm
1 Answer from Attorneys
Randall Gilbert
Gilbert & Caddy P.A.
Re: Co-signer
yes the claim is called "Indemnification."
Answered on 3/07/06, 6:34 pm