How to get out of being a cosigner
Hi I helped a so called friend cosigned a loan for 7500.00 two years ago, now they have been late and over due payments seven times now. Is affecting my credit every time. I just got another call today about 29 days late. I do not talk to this person any more. I cannot afford to take over payments because I have since bought a house. After 8 months into the loan they bought a house also and foreclosed on it. What are my options to get out of this cosigner. Can I take them to court and force them to sell car ?