Legal Question in Bankruptcy in Florida
bankrupt
I am a cosigner for a car, if either one of us files bankruptcy what happens to the other and the car?
Asked on 10/25/08, 12:43 am
1 Answer from Attorneys
Diane Downs
DMD Law, P.A.
Re: bankrupt
The creditors will hold the one not claiming bankruptcy responsible to pay for the car. If neither pay, then the car will be repocessed.
Answered on 10/29/08, 5:24 pm
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