Legal Question in Credit and Debt Law in Massachusetts
automobile
I had cosign an automobile for my father in law, it past a year now I would like it to be under his name alone how can I do it?
4 Answers from Attorneys
Re: automobile
Consider refying with or without a new co-signer. If the loan principal is also paid down, a co-signer may possibly be avoided.
Good Luck!
Re: automobile
Finance companies generally don't release co-obligors from a loan simply because it hedges their risk against default; "the more the merrier" as the saying goes.;) Usually, to effectuate a release, the seconady obligor would need to have the primary obligor refinance with another loan company.;))
Re: automobile
Finance companies generally don't release co-obligors from a loan simply because it hedges their risk against default; "the more the merrier" as the saying goes.;) Usually, to effectuate a release, the secondary obligor would need to have the primary obligor refinance with another loan company.;))
Re: automobile
Finance companies generally don't release co-obligors from a loan simply because it hedges their risk against default; "the more the merrier" as the saying goes.;) Usually, to effectuate a release, the secondary obligor would need to have the primary obligor refinance with another loan company.;))
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