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Co-signer troubles ...

Discussion in 'Questions To Truckers From The General Public' started by contiw, Apr 29, 2008.

Page 2 of 2
  1. Apr 30, 2008 #11
    contiw

    contiw Bobtail Member

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    Apr 29, 2008
    California
    0
    I was inclined to negotiate with the creditor instead of going to court. But I was also wondering about their insistence of setting out of court ...

    Everybody, have a good life
    Norma C
     
    contiw, Apr 30, 2008
    contiw, Apr 30, 2008
    #11
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  3. Apr 30, 2008 #12
    Lurchgs

    Lurchgs Road Train Member

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    Feb 13, 2008
    Denver, CO
    0
    It's probably not insistence - more like a really strong suggestion.

    On the other hand, if it's in court, the JUDGE determines how much you pay per month (and total, as I recall). If they negotiate it themselves, they have a bit of a stronger hand there.

    On the gripping hand, going to court over it will be a black mark in the credit report, I'm told.

    So, it's going to depend on your own situation. If you feel in a strong enough position to negotiate head to head, I'd do it. If you are not, the judge MAY take pity and give you a reasonable schedule.
     
    Lurchgs, Apr 30, 2008
    Lurchgs, Apr 30, 2008
    #12
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