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View Full Version : If you signed for a college and the person graduates and refuses to pay?


bergdahl
Mar 23, 2012, 04:30 PM
I was promised by the student he would pay the loan if I would sin for him to finish his 4year degree. He inished school and now works. He refuses to pay> is there anything I can do through the courts to make him pay this.

bergdahl
Mar 23, 2012, 04:34 PM
I signed for a college loan and the student reuses to pay. He promised he would pay. He finished college and now has a good position. Is there any way I can get him to pay this loan?

Fr_Chuck
Mar 23, 2012, 04:36 PM
Did you do a written contract for the money with terms for repayment?

You can try to sue in small claims court on a verbal contact but it is harder to prove

bergdahl
Mar 23, 2012, 04:46 PM
Can I take a person to court for not paying a college loan I co signed?

bergdahl
Mar 23, 2012, 04:49 PM
No contract. Verbal agreement. I do have witnesses.

ScottGem
Mar 23, 2012, 06:08 PM
If you co-signed for a loan, then there is a contract. The primary borrower owes the money. If you are forced to pay to preserve your credit you can certainly sue the primary. You should have no prllem winning, but collecting may be another matter.