legal recourse for a cosigner
I cosigned a sallie mae loan for my son-in-law to attend school. He and my daughter divorced and he dropped out of school. I have been paying every month for this loan with no help from him. Am I able to get out of this loan obligation or obligate him to pay?
Asked on 9/30/07, 1:53 pm
2 Answers from Attorneys
Re: legal recourse for a cosigner
Sallie Mae does not give a D__ about your situation, you signed, you shouldn't have, so you have to sue the ex-son-in-law.
Answered on 10/01/07, 11:54 am
Glenn Brown
Real World Law, P.C.
Re: legal recourse for a cosigner
You need to sue him for the funds. It is unlikely sallie mae is going to release you.
Good luck to you.
Answered on 9/30/07, 1:58 pm
