Tag Archives: co-signing

Can Sallie Mae Garnish My Social Security? – Pam

“Dear Steve, I have no taxable income I receive VA compensation for being 100% disabled and Social Security can these benefits be garnished for the debt, and if so once my benefits are garnished am i stuck paying forever and this kid gets away scott free? Do I have any options, like suing him or [...]

My Son Co-Signed a Car Lease With a Girlfriend. Is He Liable? – Rebecca

“Dear Steve, My son (now 30) co-signed a car lease with a girlfriend in 2006. It is her car. They have since split and she traded the car in on a brand new one. Nissan Motors is owed $1800 for mileage overage and misc. Her last payment on this was in Jan 11 for $5.00. [...]

I Cosigned for My Sister’s Truck and Now She Can’t Make The Payments. – James

“Dear Steve, Hello..my question is I co signed on a lease for a truck for my sister..dumbest thing I’ve ever done. It’s got bout 10 payments and she cannot Pay it either can I. What are my options what can I do to not hurt my credit anymore? Screwed and regretful Anything I can to [...]

I’m Willing to Co-Sign a Loan to Help Out My Guy. – Lou

Lou 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 Just Left Me and I Won’t See a Dime From Him. – Lynne

“Dear Steve, My husband just left me and has let me know very clearly I will not see “a dime” from him. This cuts my household income down from $4600 to less than $2000. We had bought our home 3 years ago and managed to build up about $20,000 in credit card debt. This is [...]

Was I Wrong to Co-Sign for a Car for a Friend? – Stewart

“Dear Steve, I have co-signed a car for a friend that was once living in toronto now he has moved back to montreal, but he hasn’t been able to make the payments for the car and is often late doing so, he is now caught up with payments but I have been asking him to [...]

My Ex-Wife is Claiming Bankruptcy For Some Debt I Am Responsible For. – Steve

“Dear Steve, My ex-wife is claiming bankruptcy and she has some debt that I am a co-signer on. I do good to get by with the debt that I have myself. I can not afford to take on her debt (about another $200 a month). Should I consider bankruptcy myself? I fear if i do [...]