behind on bankruptcy payments

Can I legally contract, payments to avoid a development, if I default loan CoSign a?

I know that Co-signing is a serious matter. If the borrower on their payments, the bank loans can come after you for payments or balance, you may ruin your. I ask me, is it possible to go lawyer to draw up a an agreement that would both sign me and the borrowers to me with the payments when they to protect behind or default would receive. Something that would force Can their wages be garnished, or push them into bankruptcy and not me? legally do?

There are many problems with this plan. If you sign and the borrower, but the bank does not, then they are not party to the agreement and are not bound. If such an agreement would be valid, would it defeat the whole purpose of a co-signer. The idea of a cosigner, is that the bank is paid without having to order g to go through the time and money in court and get the prosecution of a bankruptcy or a seizure. If the original debtor does not pay, your credit card will not be ruined as long as you make the payments. A co-signer should be the original borrower, the check to the co-signer and then the co-signer makes the payments. In this way, you know, the payments made. Alternatively, you could call the bank every month by check or use the online ID of the borrower and check yourself. If they do not want to give their online ID, it means they do not trust you, why do you trust them co-sign her loan. I understand not know why you are thinking about this anyway. Co-signing means that information about the provision of loans as the knowledge bank and see that person absolutely trustworthy. If you do not think they are going to make the payments, you should not be cosigning in the first place.

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The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back $22.95 Alan Collinge never imagined he would become a student loan justice activist. He planned to land a solid job after college, repay his student loan debt, and then simply forget the loans ever existed. Like millions of Americans, however, in spite of working hard, Collinge fell behind on payments and entered a labyrinthine student loan nightmare.High school graduates can no longer put themselves thr…