Cosigner on student loan for brother who will not pay
Last year, I co-signed for a $10,000 student loan for my brother to participate in a 3-week construction/heavy equipment operation course. He is 20 years old and is currently employed, however, not in construction, but as a janitor. He completed the training from the school. The loan is currently in repayment status and has been for over 7 months. He agreed to pay this loan but has failed to pay every month. I have been forced to pay each month to prevent my credit from being affected. However, I cannot afford to continue to pay the loan. My brother makes enough money to pay the loan, but refuses. I have talked with and pleaded with him numerous times, to no avail. Is there something I can do to remove myself from the loan and to make him pay for his own loan? What resources are available?