Recently, a client of Cleveland Bankruptcy Attorneys found himself in need of help when loans his mother co-signed for (and took out in his name) were catching up to him and his family. Initially, the client’s mother co-signed on a student loan that would help pay for his education. Additionally, she took out a loan in her own name to help with any additional expenses for the client.
Worried that a creditor would go after his mother (and her home), the client consulted with Cleveland Bankruptcy Attorneys. Cleveland Bankruptcy Attorneys outlined the client’s options moving forward, which included:
- Re-financing
- Student loan forgiveness
- Consolidation
After thoughtful consideration and a thorough look into both the client’s finances and his mother’s financial situation, Cleveland Bankruptcy Attorneys and the client concluded that the client would make payments for his mother, as his income and lifestyle permitted it.
Prior results do not guarantee a similar outcome in your case. Individual results may vary based on the facts, injuries, jurisdiction, venue, witnesses, parties, and other factors. The results and client testimonials provided are not necessarily representative of the results obtained by all clients or their satisfaction with the firm’s services.