Quote Quoting Rosa19
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You can't pay and hope to get your money back from your step daughter in a lawsuit. Forget it, you co-signed you are both jointly and severably liable.
No. Signing on as a guarantor does not make you equally responsible for the debt - your responsibility is secondary to the borrower's. And when the borrower defaults such that the guarantor has to cover the obligation, the guarantor most certainly can seek indemnification from the borrower.