When my sister bought her car, she had her father-in-law co-sign the loan/title so she could get a discount on it. Well, to make a long story short, the FIL and MIL went crazy and are cutting ties with my sister and her husband. Before this happened though, my sister had her FIL go to the bank with her to revoke his name on the loan and title, which he signed a power of attorney in order to do so. (I hope I am making sense…)
Anyway, the power of attorney document (the actual paper) that the bank had with his signature on it was lost by the financial agent. Now, the FIL refuses to sign a new one because he feels that my sister and her husband owe him money (A REALLY LONG STORY & VERY NOT TRUE). The credit union is right now saying that it’s not their responsibility to get another signature.
Is this true? Shouldn’t they have to take him to court or something on their cost and not my sister’s?