By Jeff Field | Published January 30, 2022 | Posted in Bankruptcy | Tagged Tags: chapter 13, chapter 7, cosigner | Leave a comment
How Does Filing for Bankruptcy Affect Your Cosigner on a Loan?
If a family member or close acquaintance has agreed to cosign on a loan or credit account for you, they are liable for the full amount due. That means the creditor can seek repayment from your cosigner even if you seek bankruptcy protection. In deciding how to proceed, you need to consider the effect of Read More
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