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Divorce

What Can I Do to Get Out of Being a Cosigner on a Private Student Loan

questions

Question: Dear Steve, I co-signed a private student loan in 2005 for my ex-wife (she was not my ex-spouse in 2005). The amount was $10k. Current balance is ~$6,400 and is in deferment (1-2 months left on that). She agreed to pay it post-divorce but fails to do so unless her arm is twisted enough (usually when it becomes 120+ ... Read More »

    My Ex-Husband Stopped Paying the Student Loans and I Cosigned

    Divorce papers and cash with misc items

    “Dear Steve, I cosigned for a private student loan for my exhusband while we were married in 2007. There is a court order stating that he was required to refinance the loans in his name only which he never did, so I have proceeded to sue him and he is in contempt of court. He has recently filed for bankruptcy ... Read More »

      My Husband Ran Off With Another Woman and Left Me in Student Loan Debt

      Pow! - Comic Speech Bubble, Cartoon

      “Dear Steve, My husband took off with another woman. Our house is now in foreclosure and our daughter had to quit college because my ex messed up loan application paperwork. We took out Student Plus loans done in my name because he was overseas when the paperwork needed to be signed, but part of the divorce settlement stated HE WAS ... Read More »

        My Ex Was Supposed to Pay the Debt in the Divorce But They Are Coming After Me

        Divorce

        “Dear Steve, I was divorced in 2007. It was an amicable split and, as stipulated in the divorce decree, I took some of our combined debt and she took one of our debts in the form of a bank credit card. She remarried and together she and her new spouse decided not to pay on the debt that she assumed ... Read More »

          I Signed for My Ex-Husband’s Student Loans and They Want Me to Pay. – Maureen

          robbery

          “Dear Steve, My now ex husband went to college and accrued quite a bit of student debt. At this point, it is closing in on 130k. At some point, he consolidated the loans, and added me to the paperwork. I agreed, because he said that I had to. I did not know there were options. When we divorced, he agreed, ... Read More »

            I Have No Savings and Have to Juggle Payments Each Month. – Butch

            surprise

            “Dear Steve, I am 64 years old, a teacher. Every year, my salary has gone done (forced furlough days). Bad divorce-impulsively took a second mortgage on my townhome to pay child support and attorney fees (13.9%!). Currently in a DMP program for $22000 of credit card debt. Retire in 2 years-will get 50% of current salary and Social Security. First ... Read More »

              My High Income Ex-Husband Refuses to Pay What He Owes. – Jill

              Super Hero - Female

              “Dear Steve, My ex husband left my three children and me. Before he left he stockpiled marital assets offshore and borrowed off of our home until it was underwater. He claimed he no longer wanted to be a husband or father and signed custody over to me. Our children are 17, 15 and 13. He has not seen them in ... Read More »

                Divorced, Breast Cancer, Weak, and Child With Drug Problem. – Kathy

                change 2

                “Dear Steve, I am 60 years old, divorced for 7 years, with two kids. I have not gotten child support from my ex and he has not helped with the boys financially or physically. Though the government has finally caught up with him and I am now receiving 1,000 a month back support. I make 35,000 a year, pay for ... Read More »

                  My Wife Was Sued Over an Old Debt From a Previous Marriage. – Chris

                  closeup of a gavel on cash, from above

                  “Dear Steve, My wife had a BofA credit card she acquired during her previous marriage. Long story short shortly after receiving the card, her husband filed for divorce. She had no money and reverted to using the credit card to pay for essentials to take care of her kids and herself. As you would expect she fell behind and tried ... Read More »

                    In Our Divorce My Ex-Husband Was to Pay Half of My Credit Card Bills But He’s Filing for Bankruptcy. – Becky

                    qa7

                    “Dear Steve, Credit cards that are in my name only. My ex husband was ordered to pay half of my credit card bills… they are all in my name only… he did not pay so I took him back to court and they held him contempt and ordered him to pay a certainty amount each month until they are paid. ... Read More »

                      How Do I Get My Ex-Husband to Pay The Attorney Fees He Owes Me? – Michelle

                      boxer

                      “Dear Steve, I have been divorced for 2 years and my ex has decided to file a chapter 13 to avoid going to jail over 11k of back child support. He was also court ordered to pay back all attorney fees to me after the divorce and has failed to do so. Child support recovery has taken over the child ... Read More »

                        I’m Buried in Debt From Getting Divorced. – Brad

                        Divorce

                        “Dear Steve, Recently divorced; incurred 30k in debt through the break up with misc. items. Income 6500 month 4200 after tax 35000 in credit card debt My mortgage 1200 Old mortgage, which I do not pay and states in my divorce decree is 2100 but this is killing my credit. What is the best way to get out from under ... Read More »

                          My Credit Card Debt is Killing Me After My Divorce. – Clint

                          Lifestyle choices.

                          “Dear Steve, I have $50+/- credit card debt. Recently divorced. No other major debt.The financal stress contibuted to the divorce. I am living paycheck to paycheck. I would love to consolidate into one big loan and one monthly payment. I do not like the debt consolidation companies. Bankruptcy is a question as to whether it is the right thing to ... Read More »

                            My Ex-Husband Isn’t Paying the Mortgage Like He’s Supposed to. – Lisa

                            Divorce

                            “Dear Steve, I was married for 25 yrs to my ex spouse, and prior to our divorce the plan was to sell our home in California & move to Texas. In the meantime after purchasing a home in Texas, he decided to divorce me. I live in Texas and he remained in California living in our former home. Since that ... Read More »

                              My Ex-Husband Was an Ass and Left Me Loaded in Debt. – Rachel

                              Super Hero - Female

                              “Dear Steve, A couple of years ago my husband and I divorced. When we did so, I held most of the debt from our marriage in my name [he had terrible credit] however he was the one making a huge salary 90k+/year. Throughout our 10 year marriage I stayed home with our children [which I am extremely grateful for] while ... Read More »

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