|
ExpertLaw Forum - Help With Your Legal Questions
|
Junior Member
How is a Co-Signer Affected By Bankruptcy
My question involves bankruptcy in the state of: Georgia
If I file a Chapter 13 against a privately owned student loan to make a repaymen plan because they won't work it out with me, what happens to the person that co-signed on that loan?
Senior Member
Re: How is a Co-Signer Affected By Bankruptcy
The debtor's bankruptcy does not affect a cosigner's liability.
Senior Member
Re: How is a Co-Signer Affected By Bankruptcy
I thought the student loan was your son's?Quoting Worriedmom379
This is starting to get complicated.
Senior Member
Re: How is a Co-Signer Affected By Bankruptcy
Referring to your other post, as cyjeff asked, is the loan your sons?
Who is the co-signer you talked about in the other thread?
Thanks.
reference http://www.expertlaw.com/forums/showthread.php?t=104487
Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.
Senior Member
Re: How is a Co-Signer Affected By Bankruptcy
I'm guessing co-signer is OP's husband. In other thread, it was stated the "he" had to pay a large sum of money.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.
Senior Member
Re: How is a Co-Signer Affected By Bankruptcy
I was "guessing" that also jk.
Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.
Posting Permissions
Bookmarks