Legal Question in Credit and Debt Law in Ohio

student loan co-signer legal rights

I co-signed for a student loan based upon the guarantee of the parents that they would pay if the child did not. Neither are paying and I am financially responsible for this loan. Do I have legal rights against both parent and child. Can I sue for verbal breech of contract?

Thank you,


Asked on 5/26/06, 3:49 pm

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: student loan co-signer legal rights

You can sue them and their child in contribution for their portions of the loan owed upon.

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Answered on 6/06/06, 4:43 pm


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