Legal Question in Credit and Debt Law in Illinois

I co-signed for a car and motorcycle loan, what rights do I have? Can I take these at any point for certain reasons? I want to know what my rights are. Thank you.


Asked on 8/17/10, 10:49 am

1 Answer from Attorneys
Thomas Moens Moens Law Offices, Chartered

Depends on if you are an owner. If all you did was co-sign for the loan, your have no rights to the vehicles, but you are responsible for the payments on the loan. You should have an attorney review the relevant documents.

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Answered on 8/23/10, 8:31 am


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