Friday, November 14, 2014

I am a parent and I am wondering if the divorce court can ORDER me to COSIGN a student loan for my college going children? If yes, how can t...

Question

I am a parent and I am wondering if the divorce court can ORDER me to COSIGN a student loan for my college going children?

If yes, how can they?



Answer

Under 750 ILCS 5/513, if you do not want to cosign the loan, the court could order you to pay the bill, rather than simply cosigning for a loan.



Answer

My thoughts exactly.



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