Theres a guy who my husband co-signed a loan for. He stoped paying on the loan and we are getting sued for it. He is on SSI disability,and works for cash. I want to know if theres a reward for turning him in as I could use the money to put on the loan we are being sued for!
2006-09-18 10:09:14 · 8 answers · asked by spoiledsarah25 3 in Politics & Government ➔ Government
My husband and him were in buisness together for 5 years.My husband fronted the money,he did the work.My husband helped out when not working his normal job.The guy starting doing drugs and the money went up his noise in just a few months,the bank split the loan between the two.He paid on the loan for 3 years until he crashed his Harley and has been on SSI disability sence then and has stoped paying the loan.And we just found out he is working for cash!
2006-09-18 10:30:04 · update #1
VERY BIG REWARD!!
My friend works on SSI and Social Security and he tells me of the big rewards that their Investigative Service arm hands out because it helps the job of those investigators.
Good luck!!
If you have the man get caught by SSI then you can use that information to help you in your lawsuit.
2006-09-18 10:14:09 · answer #1 · answered by Anonymous · 1⤊ 0⤋
thats what you get for co-signing, moron. you won't get a reward. he will probably have to pay back his ssi. and guess what you still have to pay the loan you co-signed for! just look at this this situation as a learning experience..
2006-09-18 10:16:21 · answer #2 · answered by u no who i am 1 · 0⤊ 1⤋
People committing fraud need to be reported. It is our business whether people defraud the government. The government is us, it is not a non-entity. We pay disability for those who are truly disabled, not for people conning the system. When they con the system, they are conning you & me.
2016-03-17 22:36:08 · answer #3 · answered by Anonymous · 0⤊ 1⤋
YES!! the reward is knowing that all of Americans who pay taxes will not have to be paying for some scuz bag to be sitting on his *** all day while we the hard working people work all day!!
as for a monetary reward i doubt that you would get such a thing for turning somebody in.
if you can prove that you found out about him working for cash under the table after you guys co-signed that might help your case, but you did co-sign for him, so I'm not really sure legally that you can get out of it.
p.s. who is this guy that you co-signed for? didn't you know that when you signed for him that if at anytime he stopped payment that you (the co-signers) would have the responsibility to pay?
good luck in the future to you, let this be a learning experience for you guys!
2006-09-18 10:23:01 · answer #4 · answered by Stacey 3 · 0⤊ 1⤋
You are being sued because you guys co-signed... That is part of the set-back.. Never co-sign for anyone except for your kids or parents (only if they are responsible) and get your own side contract with them... You have to protect yourself.
As for getting a reward, I doubt you can get one.
2006-09-18 10:12:23 · answer #5 · answered by just me000 4 · 0⤊ 0⤋
Just seeing the scum bag get caught should be reward enough.
2006-09-18 10:41:31 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I bet you wouldn't be turning him in if he was still paying on the loan.
2006-09-18 10:17:19 · answer #7 · answered by waxingtheturtle 2 · 1⤊ 0⤋
you won't gain a friend
2006-09-18 10:19:00 · answer #8 · answered by sangoma43 2 · 0⤊ 0⤋