cosign problems
This is a discussion on cosign problems within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; cosigned on a loan. now an upside down loan. repo man shows up but i haven't seen the motorcycle or ...
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Mar 27th, 2008, 07:33 PM
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#1 |
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cosign problems
cosigned on a loan. now an upside down loan. repo man shows up but i haven't seen the motorcycle or owner in a few years. do i have any options other than paying off this loan on my own. is it possible to sue him to assist paying? would it be in my best interest to allow the motorcycle to be repoed or bring the account up to date?
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Mar 28th, 2008, 07:36 PM
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#2 |
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Veteran Member
Join Date: Feb 2007
Posts: 318
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Re: cosign problems
You can pay and then sue the other signer.
Or if you don't pay, the lender will add the issue to your credit report or could even sue you. |
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