Is it possible to have your name removed after co-signing for a car loan?
138763
Only when the loan is payed off, or...if the other persons credit is strong enough to re-finance, which again, would pay off your loan. You signed saying you'd be responsible for the debt, even if the other defaulted.
741491
Unfortunately, the simple answer is yes.  You need to go to your mortgage holder and advise them of the situation.  Your spouse DOES NOT have the legal right to take out loans in both your names.  Good luck!
249314
If they are required to do so per the Fair Credit Reporting Act, then yes.  Otherwise, they may not all remove them at the same time.  It is up to the reporter to authorize removal in most cases.
1002842
Yes. They can come to the workplace and ask as to your whereabouts. They are trying to collect on a debt and as long as they did not release any credit information to the other employees it was legal. \n\nTo avoid this in the future you have  to send a letter to the company. Request that no contact be made through your job. In order for itt to be considered a legal request you have to send it certified mail to the company asking them to refrain from making contact at your place of employment(include the address) and make sure it has to be signed for when received.\n\nIf you can't afford the car, you should just set up a time to give it back to them. It is alot less hassle and cheaper in the end. Not to mention you won't risk coming out of a store or your job and have the car just be gone.
96477
No it doesn't. My wife filed for just the things in her name only. It didn't affect mine at all. Just remember that for a while, if you open new loans or buy a car or whatever, you'll have to do it in just the one person's name. However, you can still use both people's income to get the loan.
287651
legally whoever name is on the title(just like a car) owns the trailer. that dosen't mean they don't owe you the appreciated value of it if they went back on the deal but you would have to sue for it! agreements are both verbal and written but still binding.
351524
Sorry, Bronwyn, but that's not true.  Filing a quit claim deed does not remove a person from a mortgage note.  All it does is transfer away their ownership interest in the property.  They are still responsible for paying the loan.\n\nTo h8mongrel, the only ways to get off a mortgage note are to pay off the loan by either refinancing or selling, or if the lender releases you (such as by allowing you to assign the loan to a new owner).  Lenders are unlikely to release someone from a loan but you can always try calling them and asking.
1169283
Refund / Rebate checks will normally be made in the co-signer's name.  Legally, although you are both responsible for the loan, the co-signer is considered the primary account holder.  I am not saying every situation is like this, however it is the norm.
703369
Unfortunately since your name is on your mother's account, the bank is legally able to take the money out of that account to cover the other account that you have with them.  \n\nYou might want to have your mother call them and ask them what she needs to do to remove your name from her account.  I imagine that it is legal for her to do that - especially if you consent to having your name removed.\n\nHope that helps.\n\nBest,\nShakti
85969
Usually at the bottom, there is a link to remove your name from their list. You'll have to do this  on every one you get. But, it will eventually stop.
765135
Are you saying that you have been late on your payments?\n\nDepending on the documents you signed, in most cases a creditor has the legal right to use reasonable means to collect on a legal debt, or to obtain information that can be used to collect on a legal debt. The car lot's remark to the landlord can be interepreted in different ways, and it is debatable as to whether or not such a remark is injurious to you.  \n\nThe contact with the neighbor might be illegal if the company revealed personal information about you. For example, if the company said that you were a deadbeat and were not making payments for a car you purchased, then that is probably beyond the bounds of what is legally acceptable. However, if the questions were more generalized, such as asking the neighbor if he or she knew you and your wife, prefacing it that the neighbor was listed as a personal reference, such questioning is probably acceptable. It all depends on what was asked, and what personal information was revealed.
272987
What specifically are you looking for?\n\nAs long as the creditor went to court and got a writ to repo your car, there isn't much more you can do.
1146737
Well unfortunately credit isn't easy to obtain when you've messed up your credit record. I should know, I also got into a mess.\n\nIn the UK it takes 6 years for the credit reference agencies to 'forget' about your past. Up until then, you are pretty well stuffed unless you can lay your hands on some cash.\n\nTIP1:\nChange your name. This is complex and you need a new address to move to under your new name otherwise the credit agencies will tie you together if you stay at the same address. It's also very longwinded and possibly illegal. Personally I would not recommend this as you could get in trouble.\n\nTIP2:\nIf you are a homeowner, you can get a nice new homeowner loan from many places. Just be sure to keep up your repayments or you might find yourself in a big mess.\n\nTIP3 (This is genious here):\nIf you have £1150 you are sorted.\nGoto your local bank and open a savings account. Put in £1000 and then ask to see the manager about a SHORT-TERM loan. They will refuse until you agree that they can freeze your savings account for security. This means you cannot access your savings. When you are asked why you need the loan, Tell them it is for "Credit repair/Building". This is genuinely recognised reason which they will loan money for.\n\nOnce this is done, take the loaned £1000 and repeat the process another 4 times with different banks. When you leave bank #5, return to the 1st bank with #5's money and pay them off (AND the small amount of interest owing - hence why you need £1150). Take your savings back out and go pay back Bank #2. Take your savings from #2, Repay #3 and so on.\n\nOnce you have repaid bank #5 you have 5 very good, clean positive points on your credit reference score from 5 banks. Suddenly you will find that credit is available to you from practically anywhere and many bank managers will be only too happy to help.\n\nTIP 3 sounds rather longwinded and far fetched, but infact does apparently work very successfully. It is used by people ranging from 1st time property developers to people looking for short term loans. The only snag is you do need just over £1000 to start with - Not easy if you don't have it.\n\nGood luck whatever you decide..
1035840
No, but you can be sued for fraud.  Usually the last paragraph that you are supposed to read before signing states that signing it you agree that all the information you've provided is true.  By signing that and it not being true you have set yourself up for a lawsuit.  If they find out that is.  If you file for unemployment, they probably will find out.
380988
In some rare cases, if everyone is creditworthy on their own, the mortgage company may simply agree to take off the name of whoever you want.  But that is a rare case!\n\nOtherwise, the easiest way is to have the home re-financed.  Depending on when it was purchased, you may be able to get a better rate now anyway, so perhaps it would be an advantage to refinance it.  But chances are it will cost a few hundred up front anyway.  Sometimes you can roll the rest of the cost into the mortgage.\n\nThe trouble with co-signing is that everyone is equally liable for the loan, and unless the lender is going to just be very kind and helpful (when it doesn't benefit them at all), you're not likely to be able to get out of it easily.  A new loan/refinance is probably going to be your most likely solution.
1140293
If you have poor credit (or no credit), having a co-signer does increase the changes of a loan being granted.  \n\nNOTE:  The if your credit is very poor (or if you do not have any), the co-signer will be the primary account holder and holds all the liability if you fail to meet the obligations of the loan.  If you are late for any payments, it reflects on your co-signer as well...
1021960
Find someone to cosign with you.  This will use thier credit to get you the loan, and when you pay it off, your own credit will improve.  Of course, if you do not pay it, they will go after your cosigner.