Tag Archives: cosigner

How Do I Make Nelnet Remove My Father as a Cosigner. – Steve

“Dear Steve, I have a private loan through Nelnet with about $24k (from $35k) left. My father is in the process of buying a business and needs me to take him off as a cosigner but when I called Nelnet they would not do this because I was 15 days late on a payment back [...]

Sallie Mae Said They Were Willing to Release Me as a Co-Borrower. – David

“Dear Steve, I’ve cosigned 3 Sallie Mae loans and had my signature forged on a fourth loan original principal was $32k. Now with interest, penalties, etc. the balance is about $50K. I’ve no idea where the primary borrower is and his mother (an ex-girlfriend) is somewhere in Florida, but not responded to any phone calls, [...]

Will My Girlfriend Lose Her Car I Cosigned for When I File Bankruptcy? – Marc

“Dear Steve, I am divorced and have about $100k in unsecured debt due to job loss and other issues which arose in my marriage. I am just treading water with the bills (including alimony and child support) and am sinking fast. I believe I am going to have to file Chapter 7 BK as I [...]

Cosigned for a Debt For My Girlfriend. Now She Refuses to Pay It. – Mike

“Dear Steve, Around 8-9 years ago I cosigned on a debt for my girlfriend who had a teenage girl that was in trouble. The loan was to get her off the street and into a private school in montana. about 3-6 months after the signing, her and I broke up. present day I started getting [...]

Bart Simpson Actress Sued After Cosigning for Boyfriend

How many times do I have to say, never, ever cosign. It just winds up badly in most cases. Now cosigning tragedy has struck the voice of Bart Simpson. TMZ is reporting: Nancy Cartwright — the voice of Bart Simpson — is a defendant in a lawsuit involving her fiance’s suicide, a failed construction project, [...]

They Garnish My Wages For the Car I Cosigned For. – Denise

“Dear Steve, i co-signed for my son to get a car. He got sick and lost the car and his job. so now they’ve garnished my wages, because they can’t do his if i get another job to go with the one i have,will they garnish that job too? Denise” Don’t miss our free Get [...]

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 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 “Dear Steve, Currently have two accounts opened with Honda Card Services, financed through GE. On one of the cards I was charged for a motorcycle which later got stolen (No gap, no insurance), and the other card was used for maintenance of the bike (oil changes, etc). Both cards were co-signed with one of [...]

I Don’t Want to Ruin My Cosigners Credit But I Need Help! – Joe

“Dear Steve, I hope you can lead me in the right direction. I am in serious debt trouble. I don’t know were to go from here. My debt is out of control with 2 bank loans 5000 a piece, 1 credit card $16,000 which I have a cosign on and have never been late. 2 [...]

Would a Cosigned PHEAA Student Loan Be Forgiven By Disability? – Ron

“Dear Steve, Is the cosigner responsible for pheaa students loans if death or disability of the student occurs? Ron” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here The Answer Dear [...]

I Had a Capital One Card in My Chapter 13 Bankruptcy and Now They Are Going After My Mom. – Tonia

“Dear Steve, I filed chapter 13 October 2008. A Capital One Credit Card charge was included. At my meeting for creditor’s they did not appear nor was there a claim for me to repay the card to them made to be included in my payments. My mother was a cosigner on the card and now [...]

How Long Will My Son’s Car Loan Hurt My Credit? – Merrilyn

“Dear Steve, I co signed for a GMAc loan for my son and he was late on the payment several times. We have since pd the car off. How long will this hurt MY credit? Merrilyn” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for [...]

I Cosigned on My Wife’s Car But Now I Can’t Get One. – Peter

“Dear Steve, I cosigned on my wifes car so she could get one and now i want to get my own car and cant because i cosigned for her and im not able to get a second car loan for myself, and her credit is not good enough to refinance in her own name, the [...]

My Sister-In-Law is a Paranoid Schizophrenic With Student Loans We Cosigned For. – Sara

Sara “Dear Steve, My sister-in law has recently been diagnosed with paranoid schizophrenia and is currently locked up in in a mental hospital for the next few months, possibily years at this point. She owes about 6000 in student loans for which she has defaulted on. My husband is a co-signer on her loan so [...]