0
No. The only obligation the cosigner has is to the lender.
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
Can you be sued if you are a co signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
Can you be sued if you are a co-signer of a vehicle loan and that car is involved in an accident in the state of Florida?
Not as a cosigner unless they are on your insurance. Or if you are the parent and they are your dependant. Either way you COULD be sued but you would win regardless. Y-THINK-Y
Can a cosigner of a house rental agreement be sued in Wisconsin?
They can be sued for a breach of the agreement. Co-signers are equally responsible for any default regarding a lease.
Who gets sued if you are involved in an accident and the other person is at fault?
other person get sued
Is a cosigner on a car liable if the primary borrower is at fault in an accident?
No. A cosigner's only obligation is the debt incurred by signing the lending agreement.
If you cosign for a car loan can you be sued successfully?
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Will the name of the renter who broke the lease agreement appear on the rental history when the cosigner is sued by the landlord?
Yes
If you are being sued for subrogation on a co-signed vehicle and need to file a cross-complaint against the primary borrower should you sue for damages breach or breach of contract?
The cosigner did not have a contract with the primary borrower, only with the lender; that being the case the cosigner would sue for his or her financial losses not for a breach of contract.
Can the primary borrower be sued by the cosigner if a loan is in default and the lender sues the cosigner?
Yes. But for now the lender has you and will get their money from you as they would the primary borrower. Cosigning is a really, really bad idea. At least for the cosigner. Everyone else seems to benefit.
My son was in an accident when he was 16.We live in Ind.We both signed the insurance agreement. Now my husband and I are being sued what can they take. The accident was his fault.No one killed.?
Simply report the fact that you have been sued to your insurance company (time of accident). They will take care of it. You should ask to be kept informed about the progress of the suit and any settlements or verdicts in the case.
Can a person who is on the title but not a driver be sued if the other person on the title has an accident?
Yes, they can be sued. Its law.
Does the plaintiffs can be sued after the case was dismiss by settlement?
no the plaintiff can not be sued after the case was dissmised by settalment
