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Divide debt between lease holders

by Daniel
(Bronx, NY)

I've been giving my roommate rent payments for 2 years without a problem. Recently he took off leaving me with 4 months rent to pay. We are both lease holders and I have no way of coordinating any payments between us. Is it possible for me to pay my half of the debt and let the collectors find him for his half? They have a copy of his Id, social security card and birth certificate so they can easily find him. I intend to sue him later but I want to clear my debt without too much damage to my credit first. Also is it possible to pay all of my half of the debt at once and remove any damage to my credit?

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Divide debt between lease holders

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Nov 08, 2011
 Divide debt between lease holders
by: Debtcollectionanswers.com.

If you and your former roommate are both on your lease, then you are each equally responsible for paying the full amount of the rent that you owe. The debt collector does not care which of you pays the rent; he just wants to collect what is due. Therefore, the collector is not going to agree to your paying just one half and going after your former roommate for the other half. And, your credit history as well as your former roommate's will be damaged by the fact that you owe the past due rent, assuming that information is being reported to the credit reporting agencies by your former landlord and/or by the collection agency.

All of this means that if you want to minimize damage to your credit, you should go ahead and pay the full amount that you owe and then worry about suing your former roommate later. However, before you pay it, ask the collection agency if it is willing to remove the negative information about the past due rent from your credit reports in exchange for you paying the rent. The collector may agree to your request. If the collector does agree however, don't pay the money until you have the agreement in writing. Otherwise, if the collector fails to make good on what he promised, you will have nothing in writing that you can use to get your agreement legally enforced.

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