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re: Student loans/ divorce settlement

Posted on 5/22/12 at 11:13 am to
Posted by Evil Boll Weevil
Lakeview
Member since Jan 2010
43 posts
Posted on 5/22/12 at 11:13 am to
41K. Of which she's only paid 1,500 of (another mystery). Not really excited about the thought of paying any money towards this fiasco, much less paying 20K. I'm sure my current wife wouldn't be too happy either.
Posted by lsu xman
Member since Oct 2006
15606 posts
Posted on 5/22/12 at 11:15 am to
never-mind.

This post was edited on 5/22/12 at 11:21 am
Posted by NukemVol
Member since Jan 2010
1636 posts
Posted on 5/22/12 at 11:25 am to
But look on the bright side, you taught me a valuable lesson. Don't cosign for your wife (lol) unless you are willing to foot the whole bill.
Posted by Waffle House
NYC
Member since Aug 2008
3946 posts
Posted on 5/22/12 at 11:50 am to
quote:

41K. Of which she's only paid 1,500

Ahhhhhh yeah F that. I thought/hoped it was something you could avoid for around 2-5k to save yourself the hassle.

JP is probably right about seeking to negotiate with the lender by providing the divorce settlement paperwork.

If not, could you sue her directly for the money since it is her obligation under the terms of the divorce?
Posted by Layabout
Baton Rouge
Member since Jul 2011
11082 posts
Posted on 5/22/12 at 11:51 am to
quote:

much less paying 20K.

If you co-signed I think you'd be on the hook for the entire amount, not half. You in effect guaranteed the loan by co-signing.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41234 posts
Posted on 5/22/12 at 7:55 pm to
quote:

41K. Of which she's only paid 1,500 of (another mystery).


I would figure out that mystery first, since it has been 8 years and you are just getting letters. That would be only around $20 a month, that she has been paying.
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