Drive fast, live hard, no regrets... Sorry Penske - Page 11

Tyrone Slothrop · 08-10-2005, 03:15 PM

Quote:

Originally posted by baltassoc
You remember me from the Infirm board? Could you be more clueless? I'm a fucking mod here.

There's something a little off about that last sentence.

ABBAKiss · 08-10-2005, 03:17 PM

Quote:

Originally posted by notcasesensitive
Deadbeat Ex

I am sorry to hear about this. I had a similar situation, though for a lesser amount of money, and I just paid it and moved on. But, again, it was for about half that amount.

Between jobs. Good one.

sebastian_dangerfield · 08-10-2005, 03:18 PM

Quote:

Originally posted by Tyrone Slothrop
The friends I have who are teaching law are nothing like this at all. Teaching can be fun. I only wish I could enjoy legal scholarship, most of which strikes me as a tremendous waste of energy and wood pulp.

The only thing I respect less than a legal scholar is a judge. That is the height of laziness.

Until people stop treating this business as some storied "profession," we will be stuck with the overpopulation of dorks, douchebags and freaks who cover it like flies on an open dumpster. I blame the teachers.

Did you just call me Coltrane? · 08-10-2005, 03:18 PM

Quote:

Originally posted by notcasesensitive
Here is a not so fun question for the Board:

What should a person do if she guaranteed a student loan for her now-ex-husband (less than a year before the divorce, no less) and she finds out today that he has turned deadbeat and is not paying it? The loan is in loss recovery and the person at the bank that I spoke with said that my options are:

1. pay the entire amount now due and they will take it completely off of my credit history (but not the deadbeat's) and then proceed against him

2. settle with them for some lesser amount and it will remain on my credit as a settled debt, and then go after him

3. try to find him and get him to pay up

I spoke with deadbeat's mom, who says he is "between jobs" and gave me his cell number. He (surprise!) didn't answer his cell. I don't think that even if they were inclined to help me (which they might be if convinced by me), his parents could afford to pay it off. I can afford to pay it off if I need to. And it seems to me that I have to do option 1. Anyone care to convince me otherwise? I'll certainly miss that $21k from my savings.

People suck.

I know some people. Pipes and crowbars and such...how much does he like his kneecaps?

Sorry about this. Sucks.

Penske_Account · 08-10-2005, 03:20 PM

Quote:

Originally posted by notcasesensitive
Here is a not so fun question for the Board:

What should a person do if she guaranteed a student loan for her now-ex-husband (less than a year before the divorce, no less) and she finds out today that he has turned deadbeat and is not paying it? The loan is in loss recovery and the person at the bank that I spoke with said that my options are:

1. pay the entire amount now due and they will take it completely off of my credit history (but not the deadbeat's) and then proceed against him

2. settle with them for some lesser amount and it will remain on my credit as a settled debt, and then go after him

3. try to find him and get him to pay up

I spoke with deadbeat's mom, who says he is "between jobs" and gave me his cell number. He (surprise!) didn't answer his cell. I don't think that even if they were inclined to help me (which they might be if convinced by me), his parents could afford to pay it off. I can afford to pay it off if I need to. And it seems to me that I have to do option 1. Anyone care to convince me otherwise? I'll certainly miss that $21k from my savings.

People suck.

Is it on your credit report already?

Do you own or rent?

As opposed to the debtor, can a guarantor discharge its obligations to guaranty a student loan in bankruptcy?

How do you feel about the Second Amendment?

Hank Chinaski · 08-10-2005, 03:20 PM

Quote:

Originally posted by baltassoc
I'm a fucking mod here

Paigow, be careful now. The Mod on PB has been throwing his weight around and deleting posts left and right. We showed proof to RT and she says its cool- mod status is like being a made man in la cosa nostra she says, once you're a mod only another mod can challenge you, the "normal" people just have to hope they don't get a mod mad.

08-10-2005, 03:20 PM

Quote:

Originally posted by notcasesensitive
People suck.

When did he default? If it's after the limitations period, I wouldn't do a thing. Find that out before offering up a dime.

robustpuppy · 08-10-2005, 03:21 PM

Quote:

Originally posted by Hank Chinaski
Paigow, be careful now. The Mod on PB has been throwing his weight around and deleting posts left and right. We showed proof to RT and she says its cool- mod status is like being a made man in la cosa nostra she says, once you're a mod only another mod can challenge you, the "normal" people just have to hope they don't get a mod mad.

Funny stuff, Hank.

bold_n_brazen · 08-10-2005, 03:22 PM

Quote:

Originally posted by notcasesensitive
Here is a not so fun question for the Board:

What should a person do if she guaranteed a student loan for her now-ex-husband (less than a year before the divorce, no less) and she finds out today that he has turned deadbeat and is not paying it? The loan is in loss recovery and the person at the bank that I spoke with said that my options are:

1. pay the entire amount now due and they will take it completely off of my credit history (but not the deadbeat's) and then proceed against him

2. settle with them for some lesser amount and it will remain on my credit as a settled debt, and then go after him

3. try to find him and get him to pay up

I spoke with deadbeat's mom, who says he is "between jobs" and gave me his cell number. He (surprise!) didn't answer his cell. I don't think that even if they were inclined to help me (which they might be if convinced by me), his parents could afford to pay it off. I can afford to pay it off if I need to. And it seems to me that I have to do option 1. Anyone care to convince me otherwise? I'll certainly miss that $21k from my savings.

People suck.

Doesn't your divorce decree specify who is responsible for which debts? Isn't this one specified as his? I'm guessing the student loan company doesn't give a shit about this, but it seems like you could allow it (the default) to show up on your credit report and then attach a statement to the credit report (there's a way to do this) that says your divorce decree makes this debt his reponsibility, and here's a copy to prove it.

If it was 21 hundred dollars I might feel differently but I can't imagine just handing over 21K without a fight....

Hank Chinaski · 08-10-2005, 03:23 PM

Quote:

Originally posted by Penske_Account
Is it on your credit report already?

Do you own or rent?

I was gonna say, if you can negotiate it down such an incident on your credit report may not be so big a deal IF you own a home. Mortgage payments on time for years will trump getting stuck with some post-divorce fallout. Does he have anytihng you can attach?

Penske_Account · 08-10-2005, 03:23 PM

Quote:

Originally posted by sebastian_dangerfield
The only thing I respect less than a legal scholar is a judge. That is the height of laziness.

Until people stop treating this business as some storied "profession," we will be stuck with the overpopulation of dorks, douchebags and freaks who cover it like flies on an open dumpster. I blame the teachers.

I blame the teachers' unions, but otherwise I am with you man!

Mmmm, Burger (C.J.) · 08-10-2005, 03:23 PM

Quote:

Originally posted by notcasesensitive

People suck.

sue your divorce lawyer for malpractice for failing to get the guarantee rescinded or otherwise covered for?

Seems like option 1 is the heavy-handed bank approach of making their problem your problem by threatening your credit record (I suppose not unreasonably). How does it differ from 3, btw?

Can you work out some sort of payment arrangement with them--either you make an initial payment with continued payments over time, or you put your money in escrow/savings to back your payment obligation? That buys you time to pursue 3. The idea is to keep them happy enough to stay away from your credit record for now, keep unreasonable interest from accruing, but stick him with his debt.

Too bad you can't just sneak into his house using the key you still have, take the money and the lunchboxes, and move on.

Pretty Little Flower · 08-10-2005, 03:24 PM

Quote:

Originally posted by Did you just call me Coltrane?
I know some people. Pipes and crowbars and such...how much does he like his kneecaps?

Sorry about this. Sucks.

Nice use of white space. You were able to express an appropriate level of sympathy without distracting from the hilarity of the initial statements. In fact, I was just finishing chuckling about the kneecaps comment and was transitioning into feeling a little bad about laughing about ncs' sad situation when I stumbled across your coda and immediately began nodding in concerned empathy. Well played.

Did you just call me Coltrane? · 08-10-2005, 03:27 PM

Quote:

Originally posted by Pretty Little Flower
Nice use of white space. You were able to express an appropriate level of sympathy without distracting from the hilarity of the initial statements. In fact, I was just finishing chuckling about the kneecaps comment and was transitioning into feeling a little bad about laughing about ncs' sad situation when I stumbled across your coda and immediately began nodding in concerned empathy. Well played.

Where's that 5 large you owe me from the Bama/Auburn game?

Pay me or I will kill you.

Penske_Account · 08-10-2005, 03:28 PM

Quote:

Originally posted by Did you just call me Coltrane?
I know some people. Pipes and crowbars and such...how much does he like his kneecaps?

Interesting thing is, I knew an ex-cop in Chicago who was still on the City dole....er...payroll, who once offered this very solution to another friend's problem. He said he knew some of his ex-colleagues who did contract work. This is why I support the Second Amendment so vigorously.