Florida  |  Credit and Debt Law

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12/30/07, 7:59 pm

Legal Question

Cosigner recovery of funds from lendee

I consigned for the issuance of credit card at an elctronics store for an individual. The individual ran up the bill an was unable to pay. The credit company came after me...and eventually I had to pay the debt off.

My question is...as the cosigner do I have any legal recourse to go after the individual who ran up the bill..? This individual made no real attempt to repay me..


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