QUESTION
I c0-signed a provate student loan and the primary defaulted. I had to pay the loan in full , which was a very large amount of money.
Asked on Mar 28th, 2016 on Contracts - Idaho
More details to this question:
Do I have any legal recourse to get that money back from the individual?
1 ANSWER
Yes, you can sue the primary debtor for the damages you incurred due to his/her default, but the real question is, having defaulted on a student loan, does that person have the financial wherewithal to pay any judgment?
Answered on Mar 28th, 2016 at 12:32 PM