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Old 07-10-2013, 05:47 PM
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Angry Need some advice and a smarter son.

Baby Boy co-signed a personal loan with his "at the time" girlfriend so she could get some "perkies". Shortly after he finds out she has a problem with her knees and sends her on her way. Now she is intentionally not paying the loan so he will have to. The bank just called him again and said she had not made the payment for July and that he needed to.

Are there any legal remedies that he can use to "persuade" her to pay for her own bill? Is small claim court an avenue or is he married to the load until it's paid off? We are talking about Florida laws.

thanks in advance for any help.
SC
  #2  
Old 07-10-2013, 05:52 PM
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I think I know what 'perkies' are, just curious about 'knee problems'.
As I understand things, he will have to pay.
tb
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Old 07-10-2013, 06:06 PM
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S C - if you posted pictures of the "Perkies", would the thread get locked?
I'd have your son get some local, legal advice BUT..............
I've never heard of a happy ending on these stories.
I'm sure you already know but cosigning a loan is more than a favor and it carries some big responsibilities.
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Old 07-10-2013, 06:09 PM
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Too bad you can't have the "perkies" repoed!
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Old 07-10-2013, 06:10 PM
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My idiot nephew failed to pay his cell phone bill, which I had made the mistake of guaranteeing.

The nature of the guarantee, or cosigning is that if the primary debtor defaults, the guarantor or cosigner must pay the bill.

I paid the bill.

Consult with local counsel. If the former girlfriend has money, perhaps son should sue her to compel payment. If the former girlfriend does not have two dimes to rub together, chalk it off as a good lesson.

If there were not pretty women in the world, I would have a LOT more money!
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Old 07-10-2013, 06:11 PM
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Just what did he think co-signing for a loan meant?

If the signee no payee....Well, then the co-signee gotta go payee







.
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Last edited by keith44spl; 07-10-2013 at 08:01 PM. Reason: Edited to Remove Picture of Like Perkies
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Old 07-10-2013, 06:12 PM
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Tom, keeping 'em together is the reference.

SC, I'd check with a lawyer, but my bet is that it is an expensive life lesson for your son. On the upside, it is a useful lesson.

Live and learn, as they say.
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Old 07-10-2013, 06:12 PM
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Quote:
Originally Posted by Tom Beavert View Post
I think I know what 'perkies' are, just curious about 'knee problems'.
As I understand things, he will have to pay.
tb
Yep, I reckon so.

When it is said and done, he is the one responsible.
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Old 07-10-2013, 06:28 PM
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Default I was pretty sure that was going to be

the answer(s) to my question. His heart is bigger than his brain.



Knee problem: she can't keep them together!!

Oh well, as a father I had to try to help him. There goes his down payment on a house!

SC
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Old 07-10-2013, 06:30 PM
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JUDGE JUDY?????????????????
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Old 07-10-2013, 06:33 PM
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Quote:
Originally Posted by J. R. WEEMS View Post
JUDGE JUDY?????????????????
more like Jerry Springer
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Old 07-10-2013, 06:34 PM
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Give him Mounds and Almond Joy candy bars (Mounds of Joy), and tell him, "Hope you learned yer lesson, son."
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Old 07-10-2013, 06:35 PM
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JMHO but don't bail him out or the lesson will never be learned. He should take her to small claims court .
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Old 07-10-2013, 07:56 PM
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What's got caught in the wringer isn't what shoulda....
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Old 07-10-2013, 08:04 PM
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Sounds like that boy wasn't thinkin' with the right head.
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Old 07-10-2013, 08:20 PM
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It happened to my son too and she left before they even healed ,so it did him no good at all. She even took his genuine US Navy flight jacket which I gave him.When some parts are hard other parts are soft.I remember when all too well.I guess I aint That old.
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Old 07-10-2013, 08:28 PM
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Tough way to learn a lesson. He paid for them I hope he got to at least enjoy them some.
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Old 07-10-2013, 08:41 PM
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Never, Ever, Never, For Any Reason...................CO-SIGN

Anything For Anybody....................It Will Bite You In The Butt every time.............
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Old 07-10-2013, 08:44 PM
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Perkies would be like losing the twins. I wonder if he couldn't find a lawyer to give him shared custody. Can't imagine paying for them and not even able to enjoy them.
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Old 07-10-2013, 08:47 PM
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He might plead innocent by the reason of insanity. I am just crazy about that stuff your honor.
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Old 07-10-2013, 09:32 PM
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Is there any way her "knee problem" can be her source of income, and she can pay for her perkies herself? Either way, hope a lesson is learned here.
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Old 07-10-2013, 09:38 PM
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Sorry but your son was not thinking with the head at the top of his neck
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Old 07-10-2013, 09:39 PM
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It cost money to get an education whether it is at a real college or at the school of hard knocks. Larry
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Old 07-10-2013, 09:44 PM
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In short,
He is going to be paying a "Hooter's" tab until it is paid off.
Be glad the "knee "problem did not produce a ...Man, I HATE this
phrase...a "baby daddy" problem.
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Old 07-10-2013, 09:58 PM
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Quote:
Originally Posted by Road Rat View Post
Never, Ever, Never, For Any Reason...................CO-SIGN

Anything For Anybody....................It Will Bite You In The Butt every time.............
Not every time. I co-signed the first loan that each of my four kids got on a car. They never missed a payment to the finance company or credit union... but they knew what I'd have done if they had missed one.

Would I do it for anyone else? Uh, NO.
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Old 07-10-2013, 10:16 PM
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I'd tell him it's part of his humanitarian giving to others. Sounds like many will benefit from, and be thankful for, his generosity...! He gave, so she could give some more. Etc., etc., etc.

I agree that it is a good life lesson. We all have them, and hopefully learn from them. He's young, he'll rebound!
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Old 07-10-2013, 10:40 PM
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It seems like every time some guy's live-in love monkey wants enhancements, she makes him believe that she's doing it for him. And the sad thing about it, the poor schnook actually believes her. I guess it's true when they say, "Love is blind." If it's not blind, it sure as heck needs glasses!

My adage is, never trust a good-looking woman...especially if she acts like she's interested in me.
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Old 07-10-2013, 11:06 PM
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Make sure she can't get any money added to the loan.
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Old 07-10-2013, 11:13 PM
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If the bank won't give her a loan ... red flag. I know a really smart guy co-signed a $100k loan for his best life long friend to expand his gunshop. He paid

I would NEVER EVER cosign a loan, unless there were some perkies invoived.

Charlie
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Old 07-10-2013, 11:46 PM
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Be thankful he's not paying for 18 years.
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Old 07-11-2013, 01:06 AM
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He ought to pay the loan off with Monopoly money. The money ain't real and neither are the perkies. I got that from Larry the Cable guy.
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Old 07-11-2013, 01:06 AM
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Quote:
Originally Posted by Road Rat View Post
Never, Ever, Never, For Any Reason...................CO-SIGN

Anything For Anybody....................It Will Bite You In The Butt every time.............
^^^ This. My wife cosigned a school loan for a gal pal of hers. To my knowlege (a shame when you have to add a qualifier like that ) we never got out of pocket but the gal was constantly late & we got phone calls about every other month.

The "I told you sos" I got to hand out weren't nearly worth it...
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Old 07-11-2013, 01:50 AM
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Ok, so your son co-signed a personal loan so his girfriend could get
some money to buy "perkies", and now he is claiming to be a victim in
this little game because "she" won't pay the money back. The "perkies"
were for her and no doubt gone in one night. Your son knew about her
knee problem and that's why he did whatever he could to try to keep
her happy, for a little while at least. Now "Baby Boy" is crying to good
old dad about getting scamed. Your son knew she had no money and
surely never really expected her to pay back the money. This isn't the
kind of rip-off you're going to take to any court. Does your son live
with you? Have you helped him out financially before when he had
problems? Your son needs to be smarter but may be a bit smarter
than you think he is. Maybe good old dad needs to get a little smarter.
  #34  
Old 07-11-2013, 02:01 AM
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Just how expensive are a pair of "perkies" these days ???
Can't say that i've priced any.

Chuck
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Old 07-11-2013, 02:05 AM
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I just want to see the "perkies."

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Old 07-11-2013, 02:07 AM
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Re never consigning, I don't agree with that. Just gotta be real sure who you are consigning for, and why.

I consigned for a couple opening a restaurant, but the missus and I had known them for over 20 years. Hard wioking and focused couple. They paid it back, in full, and no issues, ever, for me.

Restaurant is going gangbusters.

Perkies is definitely a young man's mistake.

But, SC, you can point out to your son that the most powerful guys in the world do stupid things when it comes to the ladies -- Bill Clinton, etc. -- so he does not need to beat himself up over it forever. Just man up, do the right thing, take his lumps and move on a wiser man. Hopefully it is a lesson that takes.

I agree that you should not bail him out. Lesson would be lost if you did that.
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Old 07-11-2013, 03:43 AM
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Quote:
His heart is bigger than his brain.
That may well be so, but he was not thinking with his brain when he made that deal.
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Old 07-11-2013, 04:02 AM
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He's gonna pay, but he needs to get his hands on the collateral.
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Old 07-11-2013, 08:56 AM
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Under Louisiana law your son is SOL. Regardless of the underlying reason for the loan-the reason why a lender requires a co signer is because the lender doesn't think the borrower will pay back the loan. Period.
If a sophisticated lender has made that decision-it would behoove the proposed co signer to think carefully as to his second guessing a loan institution and signing off believing the entreatees of the borrower that he/she will pay back the loan and that the co signer signature is a mere formality that will never come back to bite the cosignor. Sometimes that lesson is learned the hard way. I can't tell you the number of people I see regularly who have gotten themselves in this trick bag. It's really sad.
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Old 07-11-2013, 09:14 AM
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Quote:
Originally Posted by CAJUNLAWYER View Post
Regardless of the underlying reason for the loan-the reason why a lender requires a co signer is because the lender doesn't think the borrower will pay back the loan. Period.
If a sophisticated lender has made that decision-it would behoove the proposed co signer to think carefully as to his second guessing a loan institution and signing off believing the entreatees of the borrower that he/she will pay back the loan and that the co signer signature is a mere formality that will never come back to bite the cosignor.
This is unavoidable logic, and SHOULD not even require stating. In fact, however, it does, and should probably be some kind of a test question on every test in every subject for all four years of high school. And some people would still ignore it.
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Old 07-11-2013, 09:16 AM
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Quote:
Originally Posted by CAJUNLAWYER View Post
Under Louisiana law your son is SOL. Regardless of the underlying reason for the loan-the reason why a lender requires a co signer is because the lender doesn't think the borrower will pay back the loan. Period.
If a sophisticated lender has made that decision-it would behoove the proposed co signer to think carefully as to his second guessing a loan institution and signing off believing the entreatees of the borrower that he/she will pay back the loan and that the co signer signature is a mere formality that will never come back to bite the cosignor. Sometimes that lesson is learned the hard way. I can't tell you the number of people I see regularly who have gotten themselves in this trick bag. It's really sad.
XXXXXXXXXXXXXXX

I was pretty sure that would be the outcome, but just wanted to see if there was a possibility. I'm sure FL law is about the same as LA law. It was as much of a venting on my part as it was a question/asking for advice.

Some here are right. Some made funnies and I laughed at them too. One made a character attack on my son and then threw a rock at me. I'm too old to duck/dodge bullets any more. Now I just shoot back.

How's your snapper season going over there? Ours has been an absolute flop. Red grouper too. Having to fish hard to catch 18" fish and still haven't caught a limit of red grouper. Last year 4 or five of us could be limited on both and headed in by 11 AM.

Thanks for the info,
SC
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Old 07-11-2013, 09:16 AM
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Bankers call cosigners "Idiots with a pen." I cosigned for my daughters apartment. She now "owes" me almost $60,000. I did it with my eyes open.

I am not a lawyer, but I suspect your son will be paying for an expensive life lesson and without knowing anything of the young lady's finances I doubt he can compel her to pay. If it is really a large amount of money perhaps he can declare bankruptcy. Otherwise he is on the hook.
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Old 07-11-2013, 09:27 AM
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Senior Citizen,

You posted the below about three years ago. Is this new thread the continuing saga of the girlfriend with bad knees and the car your son bought for her that she was going to make payments on after your son kicked her out of the house?

Promissory notes/contracts legalities and enforceablilties.
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Old 07-11-2013, 09:33 AM
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As far as I know, he'll have to pay.
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Old 07-11-2013, 09:50 AM
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Default Different one Phil,

Quote:
Originally Posted by ChattanoogaPhil View Post
Senior Citizen,

You posted the below about three years ago. Is this new thread the continuing saga of the girlfriend with bad knees and the car your son bought for her that she was going to make payments on after your son kicked her out of the house?

Promissory notes/contracts legalities and enforceablilties.
XXXX

He was able to get that one settled (eventually) satisfactorily. Guess he forgot his learned lesson. Maybe I did too.
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Old 07-11-2013, 09:54 AM
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If I had a penny for every dollar I lost chasing skirt.

I was a slut magnet. I didn't get it until I was in my 30's.

When I knuckled down I met a good girl. She wasn't gonna let me get away. We've been married for almost 11 years now and I can't imagine being with anyone else.

Some of us take more time to grow up and that usually means we get to pay.

Best of luck to your son.

About that fishing,
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Old 07-11-2013, 10:08 AM
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Quote:
Originally Posted by chud333 View Post
Just how expensive are a pair of "perkies" these days ???
Can't say that i've priced any.

Chuck


I work with several women who have had this procedure in the last few years. Two of them got a "special" that a local plastic surgeon was running and paid $3,500.00 each for the procedure. Each, meaning person, not left and right sides. Another spent some $10,000.00, but she had other things done at the same time. One lady was rebuilt after a masectomy, no idea what her bill was but it was a remove/replace procedure.

The doctor who pioneered breast reconstruction is here in Atlanta. His firm does REAL good work. It should be noted that while lots of cosmetic procedures are done by choice, some are necessary. Masectomies used to leave horrible scarring...some resembled butchering. Imagine going through life like that? The invasive disease and surgery are scarring enough for most women, it is imperative that their bodies be returned to normal, or as close as possible, very quickly. This actually helps them heal, mentally and physically.
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Old 07-11-2013, 10:16 AM
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Quote:
Originally Posted by Wee Hooker View Post
JMHO but don't bail him out or the lesson will never be learned. He should take her to small claims court .
I agree. Problem with bailing out someone is they never learn their lesion .


Quote:
Originally Posted by ChattanoogaPhil View Post
Senior Citizen,

You posted the below about three years ago. Is this new thread the continuing saga of the girlfriend with bad knees and the car your son bought for her that she was going to make payments on after your son kicked her out of the house?

Promissory notes/contracts legalities and enforceablilties.

XXXX

He was able to get that one settled (eventually) satisfactorily. Guess he forgot his learned lesson. Maybe I did too.

Hard to imagine forgetting a lesson about loosing money.
Old saying "Fool me once, shame on you; fool me twice, shame on me"

Not to sound callous but it's his problem after the first weather he got it resolved or no, should have learned the first time as he could have paid for that one also.
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Old 07-11-2013, 11:03 AM
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I would like to know how many people here that said they never would co-sign for anybody had someone help them years ago when they were starting out?
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Old 07-11-2013, 11:15 AM
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I'm not sure if this will help as my advice comes from watching court tv programs, however, you may want your son to check into the binding legalities of primary responsibility in Florida; even though he co-signed. He may be able to countersue and recoup some of the money.

The whole "knee" issue has me curious. I'd that a reference to cheating?

Last edited by jagular; 07-11-2013 at 11:47 AM.
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