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You are better off to give the money to someone rather than cosign. Cosigning means that you are responsible for that debt if the person you cosigned for doesn't pay up. The court would have your son-in-law sell the vehicle and pay the bank back and whatever is left over is your responsibility. Go to the bank you and your son-in-law went too and they will straighten things out for you.

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Q: I cosigned for my son in laws car he went bankrupt the court made him get rid of the most exp vehicle Its been on my credit for 5 years how do you get it off I thought there was a class action suit?
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