Legal Question in Consumer Law in New York
Does a co-signer on car loan have liability in case of an accident?
Asked on 1/12/14, 4:42 am
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
It depends on whether you are the co-owner of the car. Co-signers sign the note, and don't have to have an ownership interest. But you should be on the insurance as a loss payee anyway.
Answered on 1/13/14, 11:43 am
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