Legal Question in Credit and Debt Law in Texas
can a co-signer sue to collect
I co-signed a loan for a family member who now refuses to pay on the loan. What rights do I have to collect from that individual?
Asked on 8/09/06, 1:27 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: can a co-signer sue to collect
You could sue him to collect on the loan, but if he can't (won't) pay the debt, how are going to collect a judgment?
Answered on 8/09/06, 2:51 pm