QUESTION

Who is held responsible

Asked on Apr 27th, 2017 on Civil Litigation - New York
More details to this question:
My daughter signed with her father for a truck. They accidentally put her name as buyer and him as codigner. He quit paying for the truck and it got repo'd. There is a balance of fourteen thousand. She never drove it.
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1 ANSWER

Estate Planning Attorney serving New York, NY
1 Award
Whether buyer or cosigner, your daughter intended to be liable and is liable to the bank.  She can sue her father for contribution.
Answered on Apr 28th, 2017 at 5:12 AM

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