Legal Question in Criminal Law in Virginia
Co-signing/reposessin
I co-signed for a car, I am unemployed. My husband is a disabled veteran. If car is repo'd, can the lean holder attatch our joint checking acct/land because my name is on both?
Asked on 6/14/04, 11:18 am
1 Answer from Attorneys
Richard S. Stolker
Uptown Law, LLC
Re: Co-signing/reposessin
Yes. Since both of you agreed to be responsible for the car loan, if the lender files a lawsuit and obtains a judgment against both you and your husband, that judgment could be enforced by attaching any money or property belonging to either or both of you.
Answered on 6/14/04, 1:39 pm
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