Tag Archives: co-signed

I Cosigned on My Son’s Car Loan. Now They Want Me to Pay. – Ellen

“Dear Steve, I got behond on my cerit cards and signed up for careone. its been going great till now. I am in a credit counsiling program with careone which is going great till recently ive got a call that my son lost his car I co-signed for and they are now wanting to put [...]

Debt and Separation. – Darlene

Been separated for over 1 year, before i found out he was cheating and spending loads of money that he didn’t have, I had incorporated all his debt into the mortgage on our house , I only had 3000.00 left to pay on the house. The house is in my name only, as he did [...]

I Co-Signed a Sallie Mae School Tuition Loan for a Friend But They Say They Can’t Pay. – Vincent

Hi, i co-signed a school tuition loan from sallie mae about 10 yrs ago for then a close family friend. I recently applied for an apartment and found out he didnt pay anything and it destroyed my credit. This person has a personal buisness and a BMW and only crys poverty when I beg him [...]

I Guaranteed a Loan for Another Business. Will They Come After Me? – Vernal

“Dear Steve, Self-employed, Signed on some loans for another person’s business, that person is not paying. Now they are coming after me and have put a lien on my property. And another loan, they got a judgement and zeroed out our bank accounts, have no money. everyone is coming after me. I own 2 pieces [...]

Will My Friend that Cosigned for My Motorcycle Be Stuck With My Debt When I Go Bankrupt? – Tommy

Tommy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

My Husband Cosigned for His Mothers Jeep. Guess What? She Defaulted. – Erin

Erin wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

My Father Cosigned for Our Truck. He Doesn’t Know He Owes the Debt. – Jami

“Dear Steve, Hi. We have run into quite a bit of problems. It has been one thing after the other, and some rather bad choices. In 2004, we had a car with a small payment. Only $284 per month. My husband decided that he would like a van for our family since we have 4 [...]

I Don’t Want The Car In My Driveway, I Can’t Afford, to be Repossessed or Effect My Credit. – Brandy

Brandy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

My Dad Cosigned for My Car Lease I Can No Longer Afford. What Should I Do? – Annilette

Annilette wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I Put a Friends Car in My Name That Cost $67,000. – Anita

Anita wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]