Legal Question in Civil Litigation in Illinois
My ex girlfriend and I are cosignors on loans for 2 vehicles. We have separated since then. Is there a way short of seeking new financing for us to be removed from the loans on our respective vehicles?
Asked on 3/31/11, 7:49 am
2 Answers from Attorneys
Nima Taradji
Taradji Law Offices
Likely not. The financing company will have to agree to remove responsibility from one person and to place it all on another. That usually cannot happen short of re-financing.
Answered on 3/31/11, 7:54 am