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Debtconsolidationcare.com - the USA consumer forum

Jan

Date: Fri, 06/01/2012 - 13:47

Submitted by anonymous
on Fri, 06/01/2012 - 13:47

Posts: 202330 Credits: [Donate]

Total Replies: 1


We helped our son start a business by cosigning a personal credit card which was used for his business ($5000.00), as the business grew I guess they extended the credit because the collection co. is asking for 17,000+). His partner was running the business and ran it into the ground so my son filed personal bankruptcy. They are now going after me for the balance.
When I asked the agency what the lowest monthly amount would be, they said to take out a loan for 9000.00 or borrow from family & friends.

What did you mean by validate the debt?