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re: Student loans/ divorce settlement

Posted on 5/22/12 at 11:51 am to
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 Teddy Ruxpin
Member since Oct 2006
39647 posts
Posted on 5/22/12 at 11:56 am to
quote:

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.


Yup. Which is why I am trying to figure out what this actually means.


quote:

Ex-wife took student loans (her loans of which I co-signed on) as part of divorce settlement.
This post was edited on 5/22/12 at 11:57 am
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