Can a Cosigner Take You to Court? 4 Potential Scenarios + Alternatives
Credit Corp
AUGUST 8, 2024
Two common methods include wage garnishments and bank levies. When the court orders a wage garnishment, the money you earn from your job will go to your cosigner to settle your debt. You could use it to settle your debt with your cosigner, but doing so will make you responsible for an entirely new loan.
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