QUESTION
In 2013 I co-signed a Student Loan for a relative
Asked on May 01st, 2018 on Contracts - Florida
More details to this question:
I am 87 and made a bad mistake co-signing a loan and now signer is not paying. Can you recommend a lawyer that specializes in this type of case. I want to know what I have to do to get my name off of Loan.
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
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You simply don't. Co-signing is like vouching for someone in the mob. The lender made the loan because YOU promised to back the borrower and pay if they didn't. Like mafia, if the borrower turns out to be a rat, you get the cement shoes along with them for vouching for them. You may need to consult with a bankruptcy lawyer.
Answered on May 04th, 2018 at 7:01 AM