Mar 5, 2010
Co-Signing Default
A friend of mine was married, and while married he cosigned her student loans. Now he’s divorced, has been for 2 years, and she just defaulted on them and her taxes were taken, AND they then took ALL of his money out of his bank account, making his balance -400 as well. They claim they mailed out a notice to him, but it went to HER address, and they never called him to notify him