When i was married I consigned my wife's student loans. After i signed a while after she had some emotional problems and ran off.
Few years later she sent me divorce papers and told me to fill them out and that she would agree to anything. I put in the debt section all her student loans and her car note and other debt in her name. After she filed the papers she sent me the signed documents for my copy so i have proof that she said ok to these terms.
Her life has been a roller coaster to say the least disappearing and jumps job to job.
I have tried talking to Sallie Mae and send them my divorce document so they can take me off the student loan, but this apparently isn't how it works. They told me she has to graduate and then she has to pay 1 year of on-time payments.
So fast forward to now she graduated finally and has a low ball job at a hospital and told me she has been making payments. Today I got a credit notification that the Sallie Mae account has gone 60 days past due and dropped my credit 100 points.... This really hurts as on my side I have great credit and have 100% on time till this I have held the same job 10 years since I graduated and pay everything on time.
What are my options?
Update*** Thanks every one for your help!
I take full accountability of the loans i consigned and i will pay for the loans till she becomes responsible enough to take them over and i can be removed from them
I was miss informed before, but now i know and knowing is half the battle!!
The divorce decree doesn't expunge you of ur loans when you divvy up debt but may give me grounds to see court action to sue
Submitted August 16, 2018 at 09:59AM by gioakjoe https://ift.tt/2MREGtX
