Home Stocks My friend cosigned a loan for a BMW, but the driver defaulted. They’re both on the hook for $5K. What happens now?

My friend cosigned a loan for a BMW, but the driver defaulted. They’re both on the hook for $5K. What happens now?

by Deidre Salcido
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“The driver thinks he should be compensated $1,500 for the tires he’s still paying for.”

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