Legal Question in Credit and Debt Law in Florida
My father forced me to take out a student loan of $30,000.00 stating that it would go towards paying my balance in school and to finally get a car. He told me that this would be taken care of by my graduation. Once the check came he ran off and of course no car .I graduated and now I have a $46,664.96 balance on my back. He was my co-signer for the loan. Is there anything that could be done to any way shape, or form transfer this loan I was forced into taking out to the person responsible for it being taken out to begin with. I'm just asking because something needs to be done. Like said before, I just graduated and I don't even have m degree because I owe Florida International University $2,600 for the last semester. I just want my life to begin but I feel so trapped, so handicapped. Please help. Thank you!
1 Answer from Attorneys
You are both responsible to the lender for the full amount. If he took the money, he would be responsible to repay you.