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Debt Consolidation Forums Student Loans and Education Debt forums

co-signer on student loan

Date: Sat, 02/09/2013 15:05
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I cosigned on student loans for my daughter through National Collegiate Trust. I am on Social Security. If she cannot make the payments can they attach my Social Secrity as a co-signer?




No, they cannot garnish your social security. However if they sue you and get a judgment and you own a home, they will place a lein on it.


Sub: #1 posted on Sat, 02/09/2013 - 17:46

SOAPLADY SOAPLADY
Moderators Cum Industry Expert
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Are you sure about this soap lady? I thought I have seen ssi awg for the co-signer at work.


Sub: #2 posted on Thu, 02/21/2013 - 17:49

debt collector debt collector

(Posts: 3 | Credits: )

Yes I am sure. FEDERAL LOANS can garnish SSI thru AWG...private loans have to go thru the court system and cannot garnish exempt funds.


Sub: #3 posted on Fri, 02/22/2013 - 03:30

SOAPLADY SOAPLADY
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(Posts: 17319 | Credits: )


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