Can I sue?
I put up a 50,000 CD as collateral on a loan at a local Credit Union for my nephew and niece in law.. SHE promised to pay it off within 2 yrs at 800 to 1000 a month. However now they are going thru a divorce and she wants my nephew to pay it off.. Balance is still 22,800. He is working an 9.00 per hr job, she annually makes 85,000! If this goes delinquent, and they take my cd can I sue her? There is no promissory note, only some emails from her thanking us for helping them out.