[jvaughn1024]

I am a cosighner on a mortgage if the primary sighner won't take me off the mortgage is there another way around it

[tickle]

Rule of thumb:

Never cosign a loan unless you can be fully responsible for the loan just like it was your own. The principle party from a credit perspective will destroy your credit if they don't pay the loan and there is nothing you can do.

Tick

[Krazi]

You did your friend or family member a favor and decided to co-sign a loan for them. However, time has passed and you realize the person you helped out is unable to or refuses to make payments on the loan he or she obtained thanks to you. Don't wait too long before taking action. After all, your credit history is at risk. Read on to learn how to protect yourself if you are a co-signer.

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InstructionsDifficulty: Moderate
Things You'll Need:
Contact information of the financial institution who provided the loan
Step1When creditors begin calling you, immediately call the person you co-signed for and remind them of their responsibility. If the person is reasonable, work on a payment plan acceptable to both of you. If the loan has not been paid for a period of three months, the financial institution will be getting ready to act and put a lien or repossess the house or vehicle you co-signed for.
Step2If the person refuses to cooperate, contact the creditor directly and make arrangements with them.
Step3If a property is involved, you can try to sell it with authorization from the lender. Try to reach an agreement with the person you co-signed for. If she or he refuses, you will need to settle the matter in court.
Step4It is always unfortunate when things reach the point where the courts are involved, but remember, your reputation, credit score and honesty are at stake.



LINK : How to Protect Yourself if You Are a Co-Signer | eHow.com