co signing for student loan for debtor's adult child in ch. 13 post confirmation

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Isn't that close to the equator? Too hot!
By the way, my new book, "Summary of Bankruptcy Law, Second Edition" updated to July, 2012 is available on Amazon finally. Jon
te:
>
> I hear Ecuador has no extradition treaty with the U.S.
>
> ;-)
>
> On Thu, Jul 26, 2012 at 5:01 PM, jonhayes6666 wrote:
>
> > **
> >
> >
> > I owe a zillion dollars for my kids. I'll go get lost in New Orleans
> > forever if they don't pay back the loans.
> >
> > --- In cdcbaa@yahoogroups.com, Christine Wilton
> > wrote:
> > >
> > > Student loan lenders are requiring co-signors to get as many debtors as
> > > possible. Perhaps the student should go back to financial aid and explain
> > > that his father is already in bankruptcy and perhaps the son would be
> > > eligible for grant money!
> > >
> > > Predatory lending has shifted to student loans.
> > >
> > > Just my opinion.
> > >
> > >
> > > On Thu, Jul 26, 2012 at 12:27 PM, lindseybgreen wrote:
> > >
> > > > **
> >
> > > >
> > > >
> > > > Mates-
> > > > I represent debtor in Ch. 13 case that was confirmed last year.
> > Debtor's
> > > > son is in college now and needs to get more student loans. Finance
> > person
> > > > at college wants debtor to file a motion in bk court to incur new debt
> > of
> > > > more than $500. I am against debtor doing this and am wondering why he
> > > > should be on the hook for more debt when he does not want to do so.
> > College
> > > > might not give adult child more in student loans if debtor is not
> > willing
> > > > to co sign with son and file motion in bk court to incur new debt.
> > > > It does not seem like debtor should incur the debt.
> > > > Thoughts?
> > > > Sincerely
> > > >
> > > > Lindsey B. Green, Esq.
> > > > Gumm & Green, LLP, Attorneys at Law
> > > > 5743 Corsa Ave., Suite 111
> > > > Westlake Village, CA 91362
> > > > phone: 818 707 4233
> > > > fax: 818 707 4262
> > > > e-mail-Lindsey@
> >
> > > >
> > > >
> > > >
> > >
> > >
> > >
> > > --
> > > Christine A. Wilton, Esq.
> > > Law Office of Christine A. Wilton
> > >
> > > *Office:*
> >
> > > 5150 Candlewood Street, Suite 17F
> > > Lakewood, CA 90712
> > >
> > > *Mailing:*
> >
> > > 4067 Hardwick Street, Suite 335
> > > Lakewood, CA 90712
> > >
> > > Office: 877-631-2220
> > > Cell: 562-824-7563
> > > Fax: 1-636-212-7078
> > > Email: attorneychristine@
> >
> > > Web: www.attorneychristine.com
> > > Blog: www.losangelesbankruptcylawmonitor.com
> > > ***************************
> > > Confidentiality and Privilege. This e-mail message, including
> > attachments,
> > > is intended solely for review by the intended recipient(s) and may
> > contain
> > > confidential and privileged information. Any unauthorized review, use,
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> > the
> > > intended recipient(s) shall not constitute a waiver of any
> > ATTORNEY-CLIENT
> > > PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
> > > communication. If you are not the intended recipient, please contact the
> > > sender by return e-mail and destroy all copies of the original message.
> > >
> > > Tax Advice Disclosure. Any tax information or written tax advice
> > contained
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> > may
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> > > to U.S. Treasury Regulations governing tax practice.)
> > >
> >
> >
> >
>
>
>
> --
> Christine A. Wilton, Esq.
> Law Office of Christine A. Wilton
>
> *Office:*
> 5150 Candlewood Street, Suite 17F
> Lakewood, CA 90712
>
> *Mailing:*
> 4067 Hardwick Street, Suite 335
> Lakewood, CA 90712
>
> Office: 877-631-2220
> Cell: 562-824-7563
> Fax: 1-636-212-7078
> Email: attorneychristine@...
> Web: www.attorneychristine.com
> Blog: www.losangelesbankruptcylawmonitor.com
> ***************************
> Confidentiality and Privilege. This e-mail message, including attachments,
> is intended solely for review by the intended recipient(s) and may contain
> confidential and privileged information. Any unauthorized review, use,
> disclosure, or distribution is prohibited. Review by anyone other than the
> intended recipient(s) shall not constitute a waiver of any ATTORNEY-CLIENT
> PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
> communication. If you are not the intended recipient, please contact the
> sender by return e-mail and destroy all copies of the original message.
>
> Tax Advice Disclosure. Any tax information or written tax advice contained
> in this email message, including attachments, is not intended to and cannot
> be used by any taxpayer for the purpose of avoiding tax penalties that may
> be imposed on the taxpayer. (The foregoing legend has been affixed pursuant
> to U.S. Treasury Regulations governing tax practice.)
>

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I agree with Christine about the predatory lending. I don't understand how clients who are barely literate and have awful jobs manage to have so much student loan debt. Are they allowed to buy a car with that money?
Margaret Norman, Attny
111 N. Sepulveda Blvd. #355
Manhattan Beach, Ca. 90266
310-376-7873
Fax 310-798-0846

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I owe a zillion dollars for my kids. I'll go get lost in New Orleans forever if they don't pay back the loans.
te:
>
> Student loan lenders are requiring co-signors to get as many debtors as
> possible. Perhaps the student should go back to financial aid and explain
> that his father is already in bankruptcy and perhaps the son would be
> eligible for grant money!
>
> Predatory lending has shifted to student loans.
>
> Just my opinion.
>
>
> On Thu, Jul 26, 2012 at 12:27 PM, lindseybgreen wrote:
>
> > **
> >
> >
> > Mates-
> > I represent debtor in Ch. 13 case that was confirmed last year. Debtor's
> > son is in college now and needs to get more student loans. Finance person
> > at college wants debtor to file a motion in bk court to incur new debt of
> > more than $500. I am against debtor doing this and am wondering why he
> > should be on the hook for more debt when he does not want to do so. College
> > might not give adult child more in student loans if debtor is not willing
> > to co sign with son and file motion in bk court to incur new debt.
> > It does not seem like debtor should incur the debt.
> > Thoughts?
> > Sincerely
> >
> > Lindsey B. Green, Esq.
> > Gumm & Green, LLP, Attorneys at Law
> > 5743 Corsa Ave., Suite 111
> > Westlake Village, CA 91362
> > phone: 818 707 4233
> > fax: 818 707 4262
> > e-mail-Lindsey@...
> >
> >
> >
>
>
>
> --
> Christine A. Wilton, Esq.
> Law Office of Christine A. Wilton
>
> *Office:*
> 5150 Candlewood Street, Suite 17F
> Lakewood, CA 90712
>
> *Mailing:*
> 4067 Hardwick Street, Suite 335
> Lakewood, CA 90712
>
> Office: 877-631-2220
> Cell: 562-824-7563
> Fax: 1-636-212-7078
> Email: attorneychristine@...
> Web: www.attorneychristine.com
> Blog: www.losangelesbankruptcylawmonitor.com
> ***************************
> Confidentiality and Privilege. This e-mail message, including attachments,
> is intended solely for review by the intended recipient(s) and may contain
> confidential and privileged information. Any unauthorized review, use,
> disclosure, or distribution is prohibited. Review by anyone other than the
> intended recipient(s) shall not constitute a waiver of any ATTORNEY-CLIENT
> PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
> communication. If you are not the intended recipient, please contact the
> sender by return e-mail and destroy all copies of the original message.
>
> Tax Advice Disclosure. Any tax information or written tax advice contained
> in this email message, including attachments, is not intended to and cannot
> be used by any taxpayer for the purpose of avoiding tax penalties that may
> be imposed on the taxpayer. (The foregoing legend has been affixed pursuant
> to U.S. Treasury Regulations governing tax practice.)
>

The post was migrated from Yahoo.
Yahoo Bot
Posts: 22904
Joined: Sun Oct 18, 2020 11:38 pm


Mates-
I represent debtor in Ch. 13 case that was confirmed last year. Debtor's son is in college now and needs to get more student loans. Finance person at college wants debtor to file a motion in bk court to incur new debt of more than $500. I am against debtor doing this and am wondering why he should be on the hook for more debt when he does not want to do so. College might not give adult child more in student loans if debtor is not willing to co sign with son and file motion in bk court to incur new debt.
It does not seem like debtor should incur the debt.
Thoughts?
Sincerely
Lindsey B. Green, Esq.
Gumm & Green, LLP, Attorneys at Law
5743 Corsa Ave., Suite 111
Westlake Village, CA 91362
phone: 818 707 4233
fax: 818 707 4262
e-mail-Lindsey@gummandgreen.com

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