QUESTION

how can i exit a co-signing agreement?

Asked on Jun 04th, 2018 on Contracts - New York
More details to this question:
co -signed a vehicle for a family member and now i wish to exit the contract
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1 ANSWER

Appellate Practice Attorney serving New York, NY
Assuming that you have no basis to invalidate the contract, i.e. you were of legal age, competent, not defrauded or coerced, etc., the only way to get out of your obligation is with the consent of the lender, and the lender has no reason to consent unless it is paid off or gets another cosigner who has at least as good credit as you do.
Answered on Jun 04th, 2018 at 3:45 PM

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