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Judgement Process

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successfulmom39 Joined: 05 Aug 2009 Posts: 1 1.00 Dollars($)	Posted: Wed Aug 05, 2009 11:03 am    Post subject: Judgement Process Like 0 Dislike 0 I had a car repo which I co-signed for my sister. I checked my credti report and saw that I had a judgement againts me in NY for a repossession of my car. I thought that judgement must be filed in the state it occurred and thought they must notify me?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Wed Aug 05, 2009 2:34 pm    Post subject: Like 0 Dislike 0 you do need to be notified, but notification is tricky. you didn't tell us the details about the "where" so i don't know why new york is an issue, but i gather your sister lives elsewhere, right? remember, as a cosigner you were 100% liable for payments on that loan. when they repossessed it, that means the loan was in default. they have every right to obtain a judgment. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

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