Recent content by exception

Thank you for your kind words Quincy!

Thank you Zigner and Quincy. I will do that.

Thank you again. In the first step I want to know if something like this can be done. For creation of that legal document, I (and him) will most certainly go to an attorney. I will appreciate if anyone else wants to chime in.

Hello Zigner, Thank you for your response. I understand that my friend will legally be responsible for payment of loan. But, in that situation, based on the promissory note, would he not be able to take me to court for repayment? This situation wont arise (bank coming to him for loan...

I have a friend who is going to cosign a student loan for an international student. I am in the US with green card petition approved but waiting for priority date to be current. So, I am not able to cosign the loan. To reduce the burden on my cosigner friend, I want to have a legal agreement...