Legal Question in Credit and Debt Law in Maryland

Re: Co-signer - Bad credit - take back the automobile

She should notify the bank of her situation. She, however, co-signed to loan and

so she has certain legal responsibilities. She may need to pay the loan to avoid adverse credit reporting.

Where is her brother? I know her brother's spouse left him but this is no reason for him to leave the weight on his sister's shoulders.

He should pay toward to loan.

How is the car titled? If the car is not titled in the name of the woman who took it then she could involve the police through a larceny complaint.

The bank may be interested in reposessing the vehicle for non-payment of the loan. She needs to talk with the bank about this option as this may ultimately result in adverse credit reporting as a co-signer (i.e., she defaulted as a co-signer).