co signer/ co owner

[hotjaxs]

I made the down payment on a loan I cosigned. Is the money considered a gift/

 

[Michael Wechsler]

I made the down payment on a loan I cosigned. Is the money considered a gift/

In absence of clear indication of a gift, money provided in the manner you describe is considered a loan. However, if it is a loan, there is to be a specific or generally specific date for the money to be paid back. This situation always gets messy in the context of any boy-girl relationship as I'm guessing might be the case here. It's what the People's Court and TV Law lives for unfortunately... best of luck to you.