FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name*

Phone Number*

Email*

Hidden

What's the best time to contact you?*

Location*

What city do you live in?*

Hidden

Source

How can we help you?

Name

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

Can you Un-cosign?

If you cosign for someone’s vehicle loan and your relationship goes bad, can you remove your name as the cosigner on the loan?

Posted from: Alberta

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “Can you Un-cosign?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

Technically speaking the only way to have your name removed from a loan you have cosigned is if the bank (or whatever lending institution you are dealing with) agrees to remove your name. But as you can imagine, the lending institutions are not very keen on doing this as it increases their exposure to risk. So unless the other party can re-qualify for the loan on their own it is doubtful you will have much success.