QUESTION
How do i sell a car that i have cosigned for. the other party is not available.
Asked on Mar 05th, 2021 on Contracts - Florida
More details to this question:
Family member purchased vehicle and i cosigned(wont do that again). now the individual has skipped town so to speak and we have no idea where they are. I would like to trade the car in as well as another to get down to one payment. Can i do this without the other person? I have been paying on the vehicle for the past 2 years from my account. What are my options.? thank you, Severn
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
You can't. A cosignor is not a co-owner. You are a guarantor for the payment with no interest in the vehicle.
Answered on Mar 09th, 2021 at 2:12 PM
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