Tuesday 7 October 2014

My ex step mom is suing me for a repo that she co-signed for. Can she legally do that considering we haven't got sued by the lender yet?

My ex step mom is suing me for a repo that she co-signed for. Can she legally do that considering we haven't got sued by the lender yet?
A co-signer is the legal borrower of the money for a vehicle. You're only along for the ride in the hopes it will bring your credit up if all the payments are made properly. The car can be repoed if you drop insurance, make late payments, or otherwise don't keep the car in good condition while there is a loan on the vehicle. Pay your debts or surrender the property. That's the law.

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