Legal Question in Credit and Debt Law in Florida

I cosigned on some student loans for my son. He graduated but cannot find any work yet. As a cosigner I have been receiving a lot of collection notices. I am working and have no problems but cannot afford to take on extra bills at the present. In the notice it says that as a cosigner I have certain legal rights in the collection of debt. What can I do as a cosigner and what are my rights.


Asked on 2/16/10, 4:59 pm

1 Answer from Attorneys
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

As a cosigner, you owe the debt. You are responsible if your son will not pay. He needs to try as best as he can to get a job, any job, and start making payments.

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Answered on 2/21/10, 8:05 pm


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