Legal Question in Credit and Debt Law in Virginia

Does legal conversion apply to a student loan that was not completely used to pay for school expenses? I cosigned a loan for family and found out the check went directly to student and not to pay the school for tuition. Do I have a case?


Asked on 1/17/13, 5:30 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

That's the way student loan funds are quite often delivered from the lending source, i.e., directly to the student.

Does this amount to conversion, legally speaking. Not a chance (in my opinion).

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Answered on 1/17/13, 7:11 pm


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