A few years ago a woman I was dating asked me to cosign on a loan for a vehicle. I did so, and all was fine for 2 years. Then after a bad breakup, she stopped making payments.
The bank sent out a notice of voluntary surrender to both her and myself to be signed and sent back. I personally did not sign the form as one of the lines in the paper said "If the property does not sell for the total amount owed, I will be responsible for the unpaid amount." As I took this to mean that I alone would have to pay this back. (Nowhere in the letter did it state that there were cosigners or two parties involved) She, on the other hand, did sign the paper that was sent to her and return it to the bank.
Several months later I have received word that I, as well as her, are being sued for the rest of the amount owed on the vehicle after the sale, which comes to a total of $4800. As I have not signed the release and she did, is she responsible for the amount owed? I have not only the original letter, but also the emails from the bank about the release and a recording of the bank manager telling me that she signed the form and I did not (I'm in Missouri, where one party can record their conversations.)