Legal Question in Credit and Debt Law in California

co-sign laws

My husband co-signed a private school loan for his adult daughter. she graduated a year ago and has not looked for a job. My husband and I are making the payments. the total loan is $60,000.00 Do we have any legal recourse?


Asked on 5/23/07, 9:24 pm

2 Answers from Attorneys

Jonathan Stein Law Offices of Jonathan G. Stein

Re: co-sign laws

You could sue her for it, but does he want to sue his daughter?

Read more
Answered on 5/23/07, 9:27 pm
Robert F. Cohen Law Office of Robert F. Cohen

Re: co-sign laws

He could work with the lender and obtain some deferments until she's ready to pay.

Read more
Answered on 5/23/07, 9:50 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in California