My question involves collection proceedings in the State of: Michigan
I was stupid and helped a friend QUTIE a while ago get furniture on credit. Of course she defaulted. In the meantime my credit took a turn for the worse with our OWN personal hardships and I'm now trying to get things back in order.
I am about done with clean up except for this x-friends debt. They are still contacting my mother-in-laws house and sending mail saying they will sue if I don't pay. I can't even tell you the number of what collection agency this is with now. I've lost track.
My question is this:
1. Can they sue me if I don't work and don't have an income? I don't own a home or a car in my name. We are renting right now so my husband doesn't "own" a home either.
2. Can I sue my x-friend for the amount she defaulted if she was the original debtor and I was the co-signer? through small claims court?
The amount owed is approx. $2500 or so. I do not have the money and have more important things to worry about than HER debt so its not even an option for me to pay it.
Our loan officer basically said this debt wouldn't be a problem for me when we purchase a home because they will run my husbands credit for the loan and not mine anyways. I just want to know if they DO sue me do they have any way to get money from me in a legal way even though I don't have an income and my husband didn't sign as co-signer.
Thank you for any help !!