Cosigners responsiblities

[pinma]

How can I free my self from my son's financial obligations? Last year I made the mistake of cosigning for my 22 year old son's auto loan. He is continually late with his payments and the bank keeps hounding me. Is there any way I can be released from this loan?

 

[bigun]

Sorry, there are only 2 things you can do. Find another cosigner that the bank will accept or, talk to your son about selling the car if he's not going to be any more responsible than that.