R
rbrender
Guest
State of Washington-
In June 2000 my dad co-signed on a car for my sister. In June 2001 my sister traded the car in and bought truck now co-signing with her boyfriend. My sister and her boyfriend have since broken up and the boyfriend has the truck. In November 2001 my dad received a letter from the lendor on the original car stating that there was still $5000 left on the original car. My dad was not involved in the trading in of the car that he co-signed on, had he known that the dealer was not paying off the loan in full he would have never gone for the deal. Is there anything he can do?
In June 2000 my dad co-signed on a car for my sister. In June 2001 my sister traded the car in and bought truck now co-signing with her boyfriend. My sister and her boyfriend have since broken up and the boyfriend has the truck. In November 2001 my dad received a letter from the lendor on the original car stating that there was still $5000 left on the original car. My dad was not involved in the trading in of the car that he co-signed on, had he known that the dealer was not paying off the loan in full he would have never gone for the deal. Is there anything he can do?
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