Co Signer Vehicle Loan Responsibility

Summary

As a co-signer, you are legally responsible for the vehicle loan even if the vehicle is sold by a tow company. Contact the lender to discuss the loan status and review your co-signer agreement. Consider seeking legal advice to explore your options and responsibilities.

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the tow company already sold the vehicle after no one showed up for it.
I'm sorry to hear about the situation with your vehicle. Since the tow company has sold the vehicle, you might still be responsible for any remaining balance on the loan. Here are a few steps to consider:
- Contact the lender to discuss the current status of the loan.
- Review any agreements or contracts related to your responsibility as a co-signer.
- Consider legal advice to explore your options.
Have you contacted the lender yet to discuss the situation?