Sunday, September 2, 2007

Expert: Terry Jackson (Bankrate.com)

Dear Terry, I co-signed for my son's new car loan. If he takes the car and runs away from some personal legal problems, can I report it as car theft and not be held responsible for payments? If he steals my personal car, will I be covered by my insurance? He will definitely need a car to flee.

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[Source: Yahoo! News Search Results for personal loan]

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