A loan default wouldn't disqualify you from joining the National Guard.
ask an asian.
Yes, if you defaulted on the loan.
Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.
If you have defaulted on a loan in the past, your request for a second one may be denied.
Send in a payment.
I am in college my mom defaulted on bankruptcy how can I get a loan to go to school?
In the US, yes you are eligible for additional student loans if you rehabilitate, bring current, or consolidate your defaulted federal loans. If you need help with the consolidation of your defaulted loans, click the link below.
no
foreclose the debtor assets...
YES
Defaulted homeowner loans affect bad credit because it wont allow one to get a mortgage or another loan. Most banks and loan lending companies wont offer one a mortgage or a loan because one had taken defaulted homeowner loans.
The usual legal recourse for the cosigner when the person named as the primary on a loan has defaulted, is to make the payments on the loan. Then, the cosigner can take the person who defaulted to court to try and recoup some of the money they are out. If the loan was for a car, some states allow the cosigner to take possession of the car and sell it to recoup losses also.