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co-signers rights, or options to stop foreclosure
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Mar 7, 2007, 10:07 AM
anibal74
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co-signers rights, or options to stop foreclosure
What could a co-signer do to prevent or stop a foreclosure ?
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Mar 7, 2007, 10:08 AM
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ScottGem
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Pay the arrears.
Mar 7, 2007, 10:24 AM
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Fr_Chuck
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Yes as a co signer you have promised to pay the bill if the orginal signer does not.
So what you are required to do is pay the amount due to stop the foreclosure ( as you promised to do when you signed for the other person)
If not, of course this will reflect on your credit also and they can also come after you for a judgement to get thier money.
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