Re: Student Loan Family Forgery Nightmare. Now what?
08-02-2012 11:34 AM
No, I very much doubt that I would have taken out the loans if my family had told me what the real situation was. But I wasn't given the opportunity to make that choice, so. No, I do not think I should be held liable for the loans. I did not consent to them, and they were taken out under totally false pretenses and hidden from me.
But that's the thing with this student-loan ID theft: did you receive benefit from the stealing of your identity? The answer would have to be yes. I went to the school, not knowing that the money to pay for it had been stolen from me. Had the "gift" they'd given me been a car or other material goods, I could have returned them when I found out the goods were paid for with money stolen from me. No such luck with the college gift.
The best possible outcome is that Citi will allow her to take responsibility for the loans without pursuing her on criminal charges. If they do that, I will help pay them down, but only through her. These loans have been in dispute as long as I've known about them-- never a single payment. I don't know what the hell she was thinking. She is, as I have recently and painfully learned, irrational in her decisions.
If Citi wants me to pay them back for fraudulent loans, I guess they will have to sue me. Fortunately, I guess, I'm very poor. I make enough to live on and live within my means-- but I never thought I'd be socked with $80K in fraudulent debt. I have to pay down the federal loan (another $12K) anyway, and that I will do alone.
Sadly I think you need to do what is best for YOU at this point.
If it was me, I would go to the police station and file the identity theft report and let it go from there as it will. Filing it with citi won't do much and will probably cause more harm to your mother than going the proper channels. They would probably push a DA to file charges vs a police captian.
It may be hard to turn your mother in, but in the end what she did - intentionaly or unintentionally was wrong and you shouldn't be the one who pays for that. I agree you can't just "return" your college education. If you feel as though you want to help your mother and make things right, you could always just start making payments on the loan yes it sucks but if your main goal is to protect your mother then thats what you need to do. If your main goal is to protect yourself then going to the police is the right thing to do.
Sorry your situation just sucks in general.
Current: Eq- 624 Ex - 631 (lender pulled) TU - 661 (lender pulled)
Goal 700+ across all three