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  1. #1
    Join Date
    Jan 2011
    Posts
    1

    Question Co-Signed for Son and Daughter-in-Law and Now They Won't Pay the Loan

    I reside in WV. I have a problem that I am seeking advice about. In 2008 I co-signed for my son and daughter-in-law's student loan. It has been two years since they stopped going to school and I am left paying for the loans. They recently divorced and have been separated for over a year. They both work and I am left struggling because they refuse to pay them. Is there anything legally that I can do? Any advice would be appreciated.

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Co-Signed for Son and Daughter-in-Law and Now They Won't Pay the Loan

    You can sue them.

    If the loan is current you can also see if you qualify to be discharged as cosigner under the lender's policies.

  3. #3

    Default Re: Co-Signed for Son and Daughter-in-Law and Now They Won't Pay the Loan

    Call the lender and find out if you can withdraw yourself from being a cosigner due to the circumstances and payment history. Explain the situation and they should be able to work with you. If all else fails, the only way to be sure to get your money back and get your name out of that mess is to sue them.

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