Can a cosigner sue you if you don't pay on a car loan?
Can a cosigner sue you if you default on a car loan? I had one of my friends cosign on my car loan. Long story short, we don't get along at all anymore. Because of our falling out, I didn't pay my car loan last month out of spite. I know it was wrong, but I'm just wondering if he can sue me if I continue to default.
Answer provided by
- get a cosigner release form
- refinance the vehicle to get your friend’s name off the loan