mindymandy
New Member
I am writing on behalf of my parents, who are at their wit's end trying to deal with this. My sister is a very irresponsible person and has basically cut all ties with the family. We haven't seen her in over a year, we have no idea where she lives, and the only contact number we have is her cell phone (that my father still pays for!), but she never calls back. My parents contacted the police to try to find her, but they would not cooperate because she is over 18 and so apparently she has the right to do whatever she wants with her life.
Anyway, she owes approximately $25,000 in student loans with Sallie Mae, which she tried to consolidate with my parents as cosigners a few years ago. My parents did NOT cosign, which is a good thing because she ended up dropping out of school, stating that she had no intention of paying the loans back because she didn't graduate... so why should Sallie Mae get any money? Obviously she needs to pay the loans back but I can't imagine her having the funds to do so since she dropped out of school and is terrible with finances.
Anyway, Sallie Mae calls my parents almost every day asking to speak with my sister. My parents have repeatedly told them that my sister no longer lives with them and that they do not have her address or contact information. They have asked Sallie Mae to stop calling to no avail. Are my parents required to pay back the loan even though they did not cosign and the loan was consolidated when my sister was 21? Is there any way to stop the calls? And what can happen to my sister if she continues to hide from Sallie Mae? It's not like they can find her...
I appreciate any advice I can get, and I'm sorry for such a long post!
Anyway, she owes approximately $25,000 in student loans with Sallie Mae, which she tried to consolidate with my parents as cosigners a few years ago. My parents did NOT cosign, which is a good thing because she ended up dropping out of school, stating that she had no intention of paying the loans back because she didn't graduate... so why should Sallie Mae get any money? Obviously she needs to pay the loans back but I can't imagine her having the funds to do so since she dropped out of school and is terrible with finances.
Anyway, Sallie Mae calls my parents almost every day asking to speak with my sister. My parents have repeatedly told them that my sister no longer lives with them and that they do not have her address or contact information. They have asked Sallie Mae to stop calling to no avail. Are my parents required to pay back the loan even though they did not cosign and the loan was consolidated when my sister was 21? Is there any way to stop the calls? And what can happen to my sister if she continues to hide from Sallie Mae? It's not like they can find her...
I appreciate any advice I can get, and I'm sorry for such a long post!