Ask Experts Questions for FREE Help !
Ask
    whatcha's Avatar
    whatcha Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jan 19, 2008, 10:37 PM
    Cosigner responsible?
    Can the cosigner be held responsible if the tenant does not vacate at the end of the lease term? What would be my recourses?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Jan 20, 2008, 06:40 AM
    Hello watcha:

    If you sue the tenant, you can sue the cosigner too. Certainly you can't "evict" the cosigner, but I'd sure include him in all my correspondence.

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Jan 20, 2008, 03:05 PM
    You can sue the co-signer just like you do the tenant, if the tenant does not have money or a job, you can force the co-signer to pay all the money due. This is why you ask for a co-signer
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Cosigner is filing bankrupt [ 3 Answers ]

I have filed for chapter 7. Before I filed my attorney advised me to list a account that I cosigned for my daughter to have overdraft protection on her checking account. It is in the form of a credit card. So I did and now my daughter tried to use the card and it was declined. She called the bank...

Cosigner for apartment [ 1 Answers ]

I cosigned for an apartment. What happens if the tenant does not pay the rent? Do I have any rights?

Auto loan Cosigner [ 2 Answers ]

I am cosigner for my friend's car. He has made 2 late payments and makes my credit score down a lot. Can I bring my friend to court and ask him to refinance? Any other (legal or regular) ways to make me out of the contract? Thank you

Cosigner liability [ 2 Answers ]

If I cosign a lease that is only for one year and the person continues leasing after the year is the lease still valid and am I as the cosigner still responsible for any financial responsibility of the leasee in Kansas?

Cosigner [ 1 Answers ]

Hi my name is lilj my questions is well my mom cosigned on my car .I put the down payment on the car and I been paying the payments on the car. She tell me that she coming to get my car from me can she really do that to me after all I paid on car.

View more questions Search