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cosigner Tag

Cosigner Did Not Pay The Debt – What Now?

When a cosigner does not pay a debt, the bottom line is that the creditor will now be coming after you.The story usually goes something like this.  Daughter's car broke down on Walnut Avenue coming home from grocery store.  The engine fell out and now she is desperate for transportation.  Her old car had to be junked.  Now, she can't get back and forth to her job at the mall in Dalton without a car.  Then, she finds this really nice car dealer who will sell her the car of her dreams but...

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