What if you loan someone money or co-sign for a loan they never pay back, and you take them to court for it, and you win, but they have no money? If the loan is on your credit, but in both names, does it come off? Or what if someone stopped paying rent and you had to break the lease, and now that is on your credit? Does winning a civil court case relieve you of your negatively affected credit? Do they transfer the debt to the other person, or what happens?
2006-09-13
17:57:49
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14 answers
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asked by
Anonymous
in
Law & Ethics