Legal Question in Credit and Debt Law in Georgia
loan
how do you get your name off a co-signed car loan?
Asked on 5/23/09, 1:05 pm
2 Answers from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: loan
You can't (unless you go bankrupt).
When you cosign a loan (and you never should do that unless you actually plan to pay the debt), you are promising the lender that the loan will be paid.
Answered on 5/24/09, 12:07 am
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: loan
Liability ends when the loan is paid off (assuming the terms of the contract don't state otherwise - and 99.9 percent will not).
Answered on 5/23/09, 1:11 pm
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