• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Sallie Mae forged signature

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

rebecca taylor

Junior Member
What is the name of your state (only U.S. law)? MN

My husband's then estranged but now ex-wife forged his signature as a cosigner for her sister's sallie mae student loan for approximately $30,000 sometime in 2004. He was not aware of this until late 2006 when he filed for chapter 13 BK and it showed up on his credit report. He disputed the loan as fraudulent and found out from his ex that she signed his name because she felt justified. We didn't receive any notifications and thought that was the end of it. In late 2008/early 2009 the BK was dismissed, and we subsequently began receiving notifications that her sister wasn't making payments and that Sallie Mae was asking him to pay. He called and they said that was a mistake and his name wasn't even on the documents anymore. A few months after that, we got more notices and each time he called. Finally they referred him to the fraud department and he submitted all the paperwork with notarized signatures, copies of past tax filings with both of their signatures around the time of the loan, and filed a police report. he sent all that in to Sallie Mae. After many many calls and messages, finally they said that the signature didn't "look" like his, but they needed to talk to the exwife. My husband called her, and finally after several heated conversations, she admitted that what she did was wrong and agreed to call Sallie Mae. she SAYS she did, and this has been several months since, but Sallie mae still sends notices, doesn't return calls, and basically we are at a loss of what to do. I've notified the FBI, local news, even wrote a letter to Obama with a request for an investigation over how someone could get $30,000 from the government without ever having to prove their identity? The recipient of the loan says she didn't know about the fraud, has lost her job, hasn't made regular payments for a few years now. This is on his credit report and I'm worried they will garnish his wages. It isn't right, but we don't know what to do at this point. What should be our next action?
 


cosine

Senior Member
It should not be necessary, for Sallie Mae to address the issue as a criminal one (e.g. fraud and/or identity theft), to have the perp admitting to it (usually, they don't). It's time to get a lawyer involved ... preferably one willing to threaten a lawsuit. Sallie Mae is actually a private, publicly traded, corporation (since 2004). The real name is SLM Corporation.

Dispute it with the credit reporting agencies (and say it was fraud / identity theft in the form of a forged signature), and then add it (the damage caused by the false credit info) if Sallie Mae confirms it as valid.

As for how this can happen that people can get money like this? It happens a lot due to lax processing of paperwork and verifications. The government gets stuck with it because of the blunder or stupidity of others.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top