Legal Question in Credit and Debt Law in Pennsylvania
student loan
I and my nephew are cosigners on a $5k student loan. My sister, the beneficiary, was to make the payments and signed a subsequent contract with me to that effect. I have made a few payments when she is late, and she made a few. She also is on file with the Student loan lender as the person to speak with regarding payment. Can I sue her now for the $5000 loan in order to pay it off?
Asked on 9/18/07, 12:56 pm
1 Answer from Attorneys
John Gibson
John W. Gibson, Esquire
Re: student loan
You can sue her for breach of the contract.
Answered on 9/25/07, 9:48 am