debt negotiation on a auto loan that was written off?

Hello we co-signed upon an automobile loan which was created off, we would similar to to know if it’s plausible to come to cost a boon reduction than what was cod upon a automobile loan. The loan was never sent to a pick up group as well as is ease with a strange creditor. Has some one ever listened of monetary companies receiving payoffs upon automobile loans after they have been created soured for over a year?
Well we was checking to see if we indispensable to impact an profession or debt assist association for assistance. we was not in a monetary incident to verify caring of a debt some earlier even yet we was wakeful which a customer had defaulted upon a loan.The pledgee is not a many reachable people to work with interjection for your inputs folks:-)