Q: Can a co-signer of student loan take legal action for repayment even though the loan in its entirety is paid off
Co-signer has paid off the full loan amount and has now taken action with an attorney to make me pay the loan amount back to. I've received by letter certified mail outlining the repayment structure however I feel as this walks a grey area due to the fact that student loans hold both parties joint and severely liable. In the event the primary borrower is unable the co-signer assumes that responsibility. Can he take legal action to make me repay?
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