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wife co-signed 10 years ago!!

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sean28

Junior Member
What is the name of your state? RI/MA

We live in RI, but the acct. was opened in MA 10 years ago. My wife signed as a co-signer for a roomate to purchase furniture. Now, the first signer has filed bankruptcy and they are coming after my wife. Is there a Statute of Limitations or something that I am missing that we could use to get out of this.
Thanks
 


Ladynred

Senior Member
The SOL would only apply if NO payments had been made for over 6 years. Your wife signed on the dotted line to be responsible if the primary didn't pay.. I'm afraid she's stuck with it. :(
 

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