0
What can I do about a student loan I cosigned for and they not paying?
Wiki User
∙ 2011-10-26 03:48:33
Sue them, you have already taken pitty on them, so if they dont show signs of paying ( take your warning) sue them
Wiki User
∙ 2011-10-26 03:48:33
Add your answer:
Earn +20 pts
Your Grandpa cosigned your student loan The loan was private He recently passed away Can you get the loan discharged?
No dude you are stuck.
If the cosigner on a student loan files bankruptcy is he still liable for the student loan he cosigned?
bankruptcies do not wipe out student loans by federal law, unless you can prove extreme inablilty to repay them
Can you discharge a student loan on bankruptcy?
No, you can't get out of paying a student loan by filing bankruptcy.
How do you get your name off a student loan you cosigned for?
Either pay it off or get the other person to refinance the loan. If they won't or can't, you may be stuck.
What are the options if an exfiance wants off a cosigned student loan but the borrower cannot get another loan to pay off or refinance the cosigned loan and no the loan has never defaulted?
Since your ex-fiance cosigned on the loan, they are just as much obligated to the contract as you are. The only way they could get their name "off the loan" was, as you said, for the original borrower to obtain a new loan, in order pay off the original obligation. If this is not possible, then she is locked into the original contract.
Can you take someone to small claims court if they refuse to repay a student loan that you cosigned for?
Yes, for Breach of contract.
Is there any way to get your name off of a loan if you cosigned for a student loan while you were married and then you got divorced?
Only by getting the other person to refinance the loan in his/her name only.
Someone cosigned a loan for me and I since lost my job can this person file suit for the entire loan or just what she cosigned for?
No, you would have to redo the loan.
Is the cosigner of a student loan responsible to repay the balance of the loan if the student dies?
Most Loans Have An Insurance On The Person The Loan Is Made Out To. Check This Out, Get A Copy Of The Contract. If There Is Life Insurance AOn The Person That You Cosigned For, Then The Loan Should Be Paid Off By Insurance On Loan GOOD LUCK
I have a student loan through Sallie Mae that my mother-in-law-to-be had cosigned on However when we got the statements only her name was listed on the loan Can this loan be transferred to me?
If it's a Parent PLUS loan, no. She's the borrower, not a cosigner.
What happens if when cosigned mortgage loan goes into foreclosure?
The foreclosure is reported under the names of the primary borrower and the co-signer. The co-signer is equally responsible for paying the loan.
What is better a student loan or a parent plus loan?
Only a parent can apply for a parent loan. the payment plan for a student loan can be deferred until after graduation. It all depends on who is paying the loan off, the student or the parent
