Wells Fargo taking legal action against me now for debt?

Answers:2   |   LastUpdateAt:2012-10-03 22:28:06  

Question
Horace
Asked at 2012-09-08 05:05:02
While I was in college in CT and wondering how he would pay the semester, or drop out because I could not get another loan, my father was back here in DC to get one in my name without my consent or knowledge. MedlinePlus MedlinePlus It was not until I returned home last year, looking for a job, I found a letter from Wells Fargo demanding lumpsum pay the full amount of about $ 2,000 or less, or else face legal action. The debt of the loan is in default. We called and they said they have to be paid. I did not know what the hell he was talking about Wells Fargo, because I do not remember taking a loan from them - and then told me I was also under the name of my father. Then I knew it was him who took him out. MedlinePlus MedlinePlus I asked if I could get a forbearance or deferment in payment, and was told flatly "No, not a private loan, can not get no break until you pay the entire amount." I told them that obviously did not have a job at the time and was completely unable to pay, and the only payment option they offered me was to pay $ 1,500 immediately. How the hell would I do that? So I did not because everyone in my family is extremely poor, nobody has anything, my father goes bankrupt and about to lose his house, and I have bad credit and struggling - How the hell am I supposed to pay therefore I did not pay at all.
MedlinePlus Now, a week ago I received a letter from someone claiming to be a lawyer in a law firm here on behalf of Wells Fargo, and told me to pay the bill or something else I do not remember. The letter was both the name of my father and my name. What in the world do this to me? Wells Fargo is suing me for being in arrears with them and not be able to pay any capacity? They are going to sue me for being poor and destitute? MedlinePlus MedlinePlus I am very angry that my father has done this to me behind my back, but I know he did with the best intentions, he wanted me to have to leave the university so close to getting my degree (I had to do anyway because could not pay for the last two courses I needed to complete the degree (so close!)), and was completely useless. So I'm in debt to them all this, a total of about $ 30,000 just for Wells Fargo alone, was the amount of the loan he had taken. Not even seem to have bothered to look at the fine print shows that there was no possibility of getting a deferment or forbearance on the type of loan you took out. MedlinePlus MedlinePlus Now, I'm stuck, and not even my fault. This legal action against me for Wells Fargo, I do not even know what to say. I do not want my father to be sued, but also do not want to take the blame for his silly mistake he made, knowing there would be long-term consequences ... I am so frustrated by this situation. My father is 80 years old and looked like it had not thought debt was putting on me. Prefer had ceased to be left in this situation. MedlinePlus MedlinePlus I want to go to law school at some point in the future, and I do not want something like this to be in my story goes against my character and fitness because I have a huge debt that I pay. MedlinePlus MedlinePlus So what should I do?
Answer1JolineAnswered at 2012-09-27 09:17:03
Your credit is poor for bankruptcy want to hurt you at all. Reminder student loans can not be discharged in bankruptcy . Bankruptcy laws vary from state to state . When you get a chance you need to finish school and get the degree . I wish you luck .
Answer2destineyAnswered at 2012-10-03 22:26:29
a "what " ?
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