Legal Question in Credit and Debt Law in New York

I co-signed a student loan for my friend's son. My friend asked me to co-sign. She assured it would b paid. I never had any conversation with her son for the duration of loan. Every time there was a late payment I would contact her and she would assure me that she would speak with her son. I has asked her to give her son my number to discuss the late payments. She never would. The loan went into default and I paid it off. I now filed a case in civil court. I paid the loan of six months ago and had asked that she or her son start paying me back. She has told me she can't that both have bills and other expenses. I am suing my friend because she asked me to co-sign and I have only spoken with her throughout the years regarding late payments. Was she the right one to sue being that I only dealt with her?

Asked on 2/26/17, 2:54 pm

David Slater David P. Slater, Esq.

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Yes. Once you get a judgment you can attempt to collect, assuming she has assets. You may also have a claim against the son for unjust enrichment.

Answered on 2/26/17, 3:35 pm

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