August 2013

Protecting A Co-Signor On A Loan In A Chapter 13 Bankruptcy

Protecting A Co-Signor On A Loan In A Chapter 13 Bankruptcy

Unlike Chapter 7 Bankruptcy, which will remove your obligations on a co-signed loan leaving your co-signor completely responsible for the debt, in a Chapter 13 bankruptcy, you can protect the co-signor. This should be a consideration in choosing what type of bankruptcy to file. If you have loans or credit cards that someone has co-signed …

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