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Asked in Mayfield, UT Nov. 08, 2010 ,  1 answers Visitors: 8
My daughter bankrupted her student loan.I was a co-signer.I now have to pay.what can I do? She should pay it.
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1 Answers

Anonymous
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Posted on / Feb. 14, 2014 09:19:33

A: The Discharging of Student Loans is extremely rare. As with any debt that involves a co-debtor, the co-debtor owes just like the original debtor. There is no special class because you are a co-signer, you can be sued just the same, and even before the other party. Generally, the Creditors go after the deepest pockets. I would suggest you pay, as federally backed student loans have no requirement for Due Process. Thus, they do not have to sue you to take your stuff.

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