Legal Question in Credit and Debt Law in Louisiana
kia
I co-signed for a car loan, now I need to get out of it because she won't make the payments regularly. Can it be tranferred to someone else who is willing to co-sign for her?
Asked on 12/18/06, 2:05 pm
1 Answer from Attorneys
Robert Louque
The Louque Law Firm, L.L.C.
Re: kia
There are really only two ways to get your name off the car note:
a. Have it refinanced in her name only; or
b. get the bank to voluntarily let you off the hook (very unlikely since they required you to co-sign in the first place).
Answered on 12/18/06, 2:36 pm