Legal Question in Credit and Debt Law in Tennessee
How can one be removed as cosigner on an auto loan?
Asked on 3/18/13, 9:30 am
1 Answer from Attorneys
Howard R. Peppel
Peppel, Gomes & MacIntosh, P.C.
You will need to contact the lender to see if it would be willing to remove you from being a guarantor of the loan. If so, a new document will need to be signed by both you and the lender agreeing to the removal. However, the lender has no obligation to remove you from the loan.
Answered on 3/18/13, 9:54 am
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