My wife co signed for some student loans for a friend a few years back. Now that we are married it has come back to haunt us both personally and financially. The bank and student had originally told my wife that she could be let out of the co sign. Now sallie may says no. The student is willing to cooperate in anyway to get us released.
My question is: How do we get released from this loan. Is there someone I can hire to consult us? I am looking for someone to help the student consolidate her loan and get my wife released. There is paperwork from sallie may that says she is allowed to be released from some of the loans provided the student pays 24 consecutive payments, however when she called they refused. She has no one else to cosign another loan. Who or what can we do? I think the only answer is to have the student consolidate, but I need to find someone that can help us with this process in having Sallie may keep their word on the loans they promised to release the co signer from and also to consolidate the rest of the loans getting my wife off as co signer. I am willing to pay for that. We are in the NYC area.
Thanks so much.
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