| parents cosigned on student loan What is the name of your state (Ohio)? I became POA for my mom and her husband, when my mom was diagonised with cancer earlier this year. They had considerable credit card debt and since she was no longer able to work, bankruptcy was the only option. When I went to sign the paperwork, I found out that her husband was the cosigner on student loans for a family member. ($100,000.00) These loans were not dischargable. The family member isn't paying on the loans so the school loan place is calling them on a regular basis, which upsets them. I've had their phone number changed in hopes of ending that. My question is what can the creditor do to them? Their only income is social security and a small pension. My mom is on medicaid. The only assets they have are their car and mobile home. There is a loan balance on the mobile home. Can they put a lein against anything? Is there income at risk in any way? How can I protect what very little bit they have?What is the name of your state (only U.S. law)? |