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Question
i had a moblie home it got repossesion,the cosigner dies 5years ago, will it go on my credit and is it payoff
Submitted: 52 days and 13 hours ago.
Category: Legal
Value: $18
Status: AWAITING CUSTOMER ACTION
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Optional Information
State/Country relating to Question: Alabama
Answer
Since the cosigner is dead the lender will attempt to obtain the balance owed after resale/auction from you. It will appear on your credit and the lender may sue you for the balance.
Expert:
Daniel Solutions
Pos. Feedback:
98.6 %
Accepts:
Answered:
10/1/2009
Lawyer (JD)
Practing General Attorney, Professor and Lecturer of law for two decades
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