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How does a co-signer go about suing the primary borrower?

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Unfortunately, many people do not realize that once they co-sign for another person it's taking on the responsibility of that person's loan. If the person who borrowed this money ceases to pay then it's up to you. You can see a lawyer about it and perhaps scare this person into coughing up with the money or at least payments, but the debt is yours alone.

First answer by Marcy. Last edit by Marcy. Contributor trust: 8941 [recommend contributor ]. Question popularity: 87 [recommend question].

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