Legal Question in Credit and Debt Law in Virginia

Liability of co-signer debt

How much liability does the co-signer of a car loan have if both are on a warrent to appear in court and the primary signer of the loan doesn't appear and niether does the co-signer what judgement could be made against the co-signer? Do they split the debt or levy the judgement fully against the primary cause he didn't show or aginst the co-signer?


Asked on 2/28/02, 1:44 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: Liability of co-signer debt

Both are fully liable. They can collect what they can against either; but they can collect the total judgment only once.

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Answered on 3/01/02, 6:59 am


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