Co-signed for a loan in 1997

This is a discussion on Co-signed for a loan in 1997 within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; I co-signed for one of my husband's friends; a student loan in 1997. We soon found out the guy was ...

Consult Your Own Personal Lawyer Now!
Reply

 

Thread Tools Search this Thread Rate Thread Display Modes
Old Aug 2nd, 2008, 08:14 PM   #1
Unregistered
Guest
 

Unregistered's Avatar
 
Posts: n/a

Confused Co-signed for a loan in 1997

I co-signed for one of my husband's friends; a student loan in 1997. We soon found out the guy was a criminal and had used his 6 children to get sympathy from other gullible idiots like my husband (and I for signed for a stranger!!) to give him money.
It was for $5,000 and we knew he would not pay and when he didn't show up for classes we asked Citibank if there was anything we could do to get out of it and they said no.
I've divorced the husband since then and my lawyer told me to just ignore creditors and not pay it...It's up to $11,000 now. My credit is otherwise flawless and I was able to purchase my 1st home with my new husband...
Now I'm getting letters from creditors that they plan to sue me for this old debt.
If the guy was a real friend, or if it was my debt I would have gladly paid it off ages ago...But this guy makes it his job to rip off innocent people and I refuse to pay this...he may be in jail or dead, I don't know. I don't keep in contact with my X because he was abusive and the relationship ended badly.
Can they put a lien on our new house now?
Thanks for any advice.
  Reply With Quote
Reply

Bookmark & Share

Tags
None



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

| More

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Format Your Messages
Add Forum to Google Toolbar
Forum Jump

Similar Threads

Thread Thread Starter Forum Replies Last Post
I co-signed for a car loan face724 Miscellaneous Topics 1 May 15th, 2009 01:36 PM
The bank is unable to locate any loan documents on this loan. Unregistered Debt Collection 0 Apr 10th, 2009 11:18 AM
Can I get out of Co-Signed Loan Unregistered Debt Collection 2 Dec 1st, 2008 01:11 PM
co-signed defaulted loan trustingmom Debt Collection 0 Apr 26th, 2008 06:53 PM
C0-signed a loan, now the other person stopped paying. Unregistered Credit Cards, Banking, Securities 1 Apr 5th, 2007 01:09 PM




All times are GMT -5. The time now is 04:41 PM.