now the Bank has told cousin she is not eligible for a refinance of her car loan because they don't consider there's a "will to pay" on her part.(I wonder why, she "only" did not make payments for 2 YEARS!!!) She has to pay in full ($1,400) + legal costs to avoid seizure of her assets...if she doesn't pay, then they'll seize her assets and she'll have to pay the $1,400 + legal costs, which will be even more (sadly, she may just let them do it and decide not to pay a penny!)...if her assets are not enough to cover it, they'll be docking my sister's salary!

Sis is fuming (obviously!) She will try to get a loan with another bank (the bank that is offering the best rates, to which she applied, is the same one in which sis had co-signed for cousin- I hope this doesn't "follow" her to the other banks!)She has already told cousin she better start selling stuff to come up with that money, because, even if sis DOES get a loan from another bank, she wants the other issue GONE, DEALT WITH, FINISHED, FINITO, DEAD!

I've told her she has to follow up on that, and not believe cousin if/when she tells her she took care of it: make time to go to the bank with her (so as not to have to rely on her account of things) and request copy of all proof of payment...Also, once that is paid, she (sis) has to make sure that cousin does follow up on getting the letters and documents that state there's no more debt or costs outstanding, and to make sure she gets a copy of those docs, too!

So sad, that we have to come to that!
Cousin hasn't called me- of course!- she knows what I'll say! (I've been telling her for years she should have her credit fixed, repaying old debts...I never figured things were THIS serious...I was referring to a debt of ~$150 she has with the telephone company and to a debt of ~$300 she had on a cc- that she claims WAS paid, but "didn't want to bother" looking for the documents to go to the bank to prove it!)