What is the name of your state (only U.S. law)? South Carolina
I signed as surety for my daughter on a Teacing Fellowship Loan in 2000. It paid for 4 yeras of college and she was to teach in SC for 4 years to pay it back. SHe did not complete college nor has she taught the requisite 4 years to repay the loan. She has not made any payment on the loan at all. I was just contacted and told that I owe $43,000 by Ocotber 5th or my wages and tax returns will be garnished, along with my husband's. They finally got in contact with my daughter, whom I have no contact with, and told her she must repay the loan intotla by October 5th or they will come to us. She is 30 years old, has a job, lives on her own and yet they can still come after us? She offered to pay it in monthyly payments, and they refused, telling her it hd to be pain in lump sum or we would be held responsible. Is there any way to make them take HER MONEY instead of coming to us for repayment? She cannot get a loan for $43,000!
I signed as surety for my daughter on a Teacing Fellowship Loan in 2000. It paid for 4 yeras of college and she was to teach in SC for 4 years to pay it back. SHe did not complete college nor has she taught the requisite 4 years to repay the loan. She has not made any payment on the loan at all. I was just contacted and told that I owe $43,000 by Ocotber 5th or my wages and tax returns will be garnished, along with my husband's. They finally got in contact with my daughter, whom I have no contact with, and told her she must repay the loan intotla by October 5th or they will come to us. She is 30 years old, has a job, lives on her own and yet they can still come after us? She offered to pay it in monthyly payments, and they refused, telling her it hd to be pain in lump sum or we would be held responsible. Is there any way to make them take HER MONEY instead of coming to us for repayment? She cannot get a loan for $43,000!
