Legal Question in Credit and Debt Law in New York
being a co-signer
my mother who is 83 yrs old,opened an account with dell computers to buy a computer for my son.he was to pay the bill.nevertheless he was in financial difficulties and could not continue to pay.she is on social security and has a part time job. she has continued to pay for this computer for the past 4 years and still owes a balance of over $3,000. if she were to stop payments,could they take it out of her social security? or wages?she has not quit her job for this reason.thank you
2 Answers from Attorneys
Re: being a co-signer
They can't get her social security. SHe should tyr to settle the matter...computers today go for a couple of hundred bucks...!!!
Re: being a co-signer
They would sue her for the balance, interest and attorney fees. Once they obtain a judgment they can enforce it by garnishing wages. Pay it off.