tag:blogger.com,1999:blog-7094014998630255684.post8305032920070189888..comments2024-01-18T02:14:51.510-08:00Comments on Attorney to (Temporary) Temp: Signing Your Life AwayRecovering Lawyerhttp://www.blogger.com/profile/05216005842425651479noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7094014998630255684.post-50375253679207219082013-05-27T06:57:19.404-07:002013-05-27T06:57:19.404-07:00JDHUNTR In-House Attorney Law Jobs. Search General...JDHUNTR In-House Attorney Law Jobs. Search General Counsel and In-House Counsel law jobs at all levels of experience. JDHUNTR features Attorney law jobs from corporate employers across the U.S.<br /><br /><a href="http://www.JDHUNTR.com" rel="nofollow">Legal Employment</a>Anonymoushttps://www.blogger.com/profile/00035902115846879265noreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-83338194749457908562013-01-14T20:51:54.193-08:002013-01-14T20:51:54.193-08:00Oh dear lord, that sounds tragic. Co-signing on a...Oh dear lord, that sounds tragic. Co-signing on a depreciating asset - a double whammy! Recovering Lawyerhttps://www.blogger.com/profile/05216005842425651479noreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-15337309158774900752013-01-09T12:25:50.173-08:002013-01-09T12:25:50.173-08:00When I was in the military, I knew a Sgt who co-si...When I was in the military, I knew a Sgt who co-signed a loan for an airman to purchase a house trailer. Big mistake.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-29125470012262726502012-11-06T15:44:14.495-08:002012-11-06T15:44:14.495-08:00Oh man, that sounds bad. Are you able to keep up ...Oh man, that sounds bad. Are you able to keep up with the payments so your mom's credit isn't damaged?Recovering Lawyerhttps://www.blogger.com/profile/05216005842425651479noreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-49681130700208187762012-11-06T08:16:37.404-08:002012-11-06T08:16:37.404-08:00the only reason i still live in this country is be...the only reason i still live in this country is because my mom co-signed for my law school loans. otherwise, i would have left a long time ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-8924728008911436142012-11-01T11:42:28.554-07:002012-11-01T11:42:28.554-07:00I completely agree. If you insist on taking out d...I completely agree. If you insist on taking out debt to "help someone," at least make sure it's the dischargeable kind! And I also agree that creditors often can, and prefer, to go after the cosigner first. That's because the reason the bank demanded a cosigner to begin with is because it knew it couldn't rely on the applicant to repay. Recovering Lawyerhttps://www.blogger.com/profile/05216005842425651479noreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-82089184890885720942012-11-01T11:40:05.101-07:002012-11-01T11:40:05.101-07:00The same thing happened to me, only it was one of ...The same thing happened to me, only it was one of my sisters. She said she and her husband just had "a little bad credit" (I'm not sure what that meant) but he really needed a new truck since he totaled his (and didn't have insurance!). These were the same people who were constantly on the brink of foreclosure but were always taking expensive vacations. I told her no, thank Recovering Lawyerhttps://www.blogger.com/profile/05216005842425651479noreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-43059378818691513372012-11-01T08:15:49.286-07:002012-11-01T08:15:49.286-07:00Read the fine print on the document you co-sign......Read the fine print on the document you co-sign...usually the creditor has the option to come after the co-signer FIRST if they want to.<br /><br />Never, ever, EVER cosign on a student loan which is non-dischargeable!<br /><br />You'd be better off taking a cash advance from a credit card and giving it to the person than signing a student loan...at least the credit card debt would be Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7094014998630255684.post-12631279748670538922012-11-01T02:25:54.519-07:002012-11-01T02:25:54.519-07:00No horror stories for me, thank God. My nephew cal...No horror stories for me, thank God. My nephew called me once to ask me to co-sign for a car. I did not do it for many reasons, not the least of which is that this nephew does not possess the best character traits in the world (which is why I no longer speak to him). The principle reason though was because I refuse to take on anyone else's debt obligations in any way. I have my own debt to Lawfroghttps://www.blogger.com/profile/07099970602815308684noreply@blogger.com