Tag Archives: cosigning

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

Lou “Dear Steve, Asking for my guy. He’s currently about $50,000 in debt between his student loan, car loan, and using his credit card to pay bills while he was out of work. The card is a bit over $6k, car is between $10 and 11k, and the student loan is around $34k. He currently [...]

I Cosigned for a Car for a Guy I Was Dating. – Kate

“Dear Steve, I cosigned for a car when I was 19 with a guy I was dating at the time. Since then he stopped paying for the car and it was sent to collections. I was in contact with the guy for a while but since it was sent for collections, he has disappeared with [...]

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 [...]

I Put a Business in My Name for my Dad and Now it is Bankrupt. – Sarah

“Dear Steve, I put a buisness in my name for my dad trusting it would do well and trusting my dad, now we are going bankrupt and its all in my name, we havent yet declared bankrupcy but the business is closed and the goods have been sold of but we still owe money to [...]