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Home > Law > Other Law   »   car loan default

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Old Feb 21, 2007, 04:36 AM
castaj0958
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car loan default
I have to default on my car loan. I also have a co signer, the car is not running the engine has blown.....I advised the insurance company of same....what are th elaws regarding this....is still repaying the loan my responsiblity

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Old Feb 21, 2007, 04:40 AM   #2  
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Hello castaj:

Yes. Yours AND the cosigners. Why would you inform the insurance company? They don't care. It's the BANK that cares!!!

That's not a nice thing to do to your co signer.

excon
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