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Asked in NY May 26, 2022 ,  0 answers

co-sign for auto loan

I co-signed for an auto loan for my daughter, the car was repossed, then auctioned off. I had to pay the balance due ($20,00.00) after the auction as the loan listed me first. Can I sue her for this amount of money?

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2 Answers

Anonymous
Reply

Posted on / Oct. 14, 2008 17:13:00

Re: co-sign for auto loan

as an addition to the answer of Mr. Markowitz, since you were a co-signor you have the right to sue your daughter for contribution either partial or whole depending on how the contract was written. You should do so immeidately.

If you would like to retain the services of this office since we are near you, please feel free to contact us.

Anonymous
Reply

Posted on / Oct. 14, 2008 17:13:00

Re: co-sign for auto loan

as an addition to the answer of Mr. Markowitz, since you were a co-signor you have the right to sue your daughter for contribution either partial or whole depending on how the contract was written. You should do so immeidately.

If you would like to retain the services of this office since we are near you, please feel free to contact us.

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