Student Loans
Date: Tue, 04/27/2010 - 13:52
Student Loans
My husband cosigned a student loan for our daughter. At the time he had a good job for 24 years. The company closed and he lopst his job. My dUGHTER GRADUATED WITH A NURSING DEGREE MAKING $50,000.00 and refuses to pay her student loan. They are now telling us we have to pay. Why cant bank take and garnish her wages. My husband works but only makes $20,000.00/year. please let us know what we caqn do. If we also refuse to make payments what will happen to us. We cannot afford this loan. We also need to survive.
You will both be sued and both will be garnished. Cosignor and
You will both be sued and both will be garnished. Cosignor and borrower have the same responsibilty.
Give the lender your daughters phone and employer info.
