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    nannyomy's Avatar
    nannyomy Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 27, 2009, 06:22 PM
    Defaulting on car loan
    My Question is I signed a car loan for my cousin. She now can't pay for the car and has taken it and I don't know where she is. The company intends to reposs the car and sell it at auction. My only income now is SSDI and a small pension I can't pay the loan. Can they put a lien on my SSDI income?
    I need some help. Thanks.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 27, 2009, 06:46 PM

    They can sue you in court, ruin your credit. If you can not afford to make the payments why did you promise ( co/sign) the loan
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #3

    Aug 27, 2009, 07:06 PM

    Hello n:

    Everything the Padre says is true. And, in answer to your question, they cannot attach your SSDI.

    excon
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Aug 27, 2009, 07:07 PM
    Quote Originally Posted by excon View Post
    Hello n:

    Everything the Padre says is true. And, in answer to your question, they cannot attach your SSDI.

    excon


    - But they CAN attach the pension.
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