Legal Question in Credit and Debt Law in Massachusetts

Co-signed loan, payments have stopped
I co-signed a loan for my daughter (for the consolidation of her and her exboyfriends debt). One of the items paid off with this loan was a car she cosigned for him to purchase, so I have the title he has the car. They broke up 9 months later - 5 year loan (3 to go). I did have each of them sign an agreement as to who's responsible for what debt (not witnessed or notarized). The boyfriend and his family had been making payments but stopped. I need to take him to court, would like to do pro se as I can't afford to get deeper in debt due to these two. His portion of the debt is around $6500. Can someone give me advise as to specific points i need to be sure are in the complaint? do I need to site a specific statute?

Asked on 12/01/08, 12:54 pm

2 Answers from Attorneys

JOHN TATOIAN LAW OFFICE OF JOHN A. TATOIAN ESQ.*Licensed Only in Massachusetts

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Re: Co-signed loan, payments have stopped

Unfortunately, it would be imprudent (and possibly unethical) for any attorney to give you advice specific to your situation over the internet without examining all the accompanying documentation and performing the proper due diligence.;) Please feel free to contact my office for a free initial consult based upon the facts of your specific situation.;)

Answered on 12/14/08, 10:08 pm

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