The best way to prevent wage garnishment and bankruptcy is to never let a loan lapse in the first place. It is best, and recommended, to contact the people that own your loan and work something out before garnishment ever starts. If your loan has gotten that far, it is important to know your rights. […]
What Is a Comaker Or Cosigner?
Have you ever been a cosigner on a contractual agreement? Have you ever needed a cosigner on a loan agreement? Some people don’t know exactly what your obligation is as a cosigner. I have heard comments such as “that’s not my loan I’m just the cosigner.” Well actually if you are the cosigner it is […]