Cosigning is the act of signing a document, usually a contract, along with another person. The effect is both individuals are responsible under the terms of the document.
Cosigning for a car occurs for two general reasons:
If you cosign, you could face some or all of the following:
It is always recommended that you consult with an attorney before signing any legal document. This rule applies to consigning a car, since any documents you sign are valid contracts, and an attorney can help explain the consequences before it is too late.
Last Modified: 04-02-2018 01:43 AM PDTLaw Library Disclaimer
We've helped more than 4 million clients find the right lawyer – for free. Present your case online in minutes. LegalMatch matches you to pre-screened lawyers in your city or county based on the specifics of your case. Within 24 hours experienced local lawyers review it and evaluate if you have a solid case. If so, attorneys respond with an offer to represent you that includes a full attorney profile with details on their fee structure, background, and ratings by other LegalMatch users so you can decide if they're the right lawyer for you.