About 6 months ago i had an very close friend approach me and he was in a very difficult place financially and he reached out to me for some help which he had never done in the 13 years i had known him so i knew it was pretty serious. He asked me to be his guarentor on a loan so he could get back on his feet. Of course i agreed to help him as i would do for anyone i considered as close as family. The first 6 months there was no issues and within the last week it had all gone south. I found out he was no longer able to make his payments and when i contacted the loan agency i was informed that the remainder of payment was being placed on me if anything happened where he could not pay. Of course i understand i did agree to that upon signing originally. But this is leaving me with the major issue of a massive montly payment that is going to run me completely out of money. My fiance and i both work fulltime jobs and we have 2 incredible children ages 5 and 2. I have gone to banks and tried to get some help to resolve this issue with possibly taking another loan to pay this off and work out a lower more affordable payment but it was unsucessful. I am extremely concerned about not being able to afford to pay this outstanding debt and be able to put food on the table for my family as i have always been able to do I totally understand i did this to myself and i probably should have never agreed to something that could potentially cause this grief for my family but all i am asking if for any sort of help to make this payment off. I realize the goal is a very high number but anything that can help would be incredibly appreciated.