Legal Question in Bankruptcy in Florida
My brother filed chapter 7 bankrupcy. He lives in Kansas. I live in Florida, and I am the cosigner on his truck, which is part of the bankrupcy. (The truck's title is in Florida) The banks will come after me for the money on the truck, but I do not make enough money to cover the payments plus my own car and housing. How can I release myself from this debt without filing bankrupcy myself?
Asked on 2/16/10, 1:43 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
You can't. That is the danger of co signing. Hopefully your brother will feel morally obligated to you to continue making the payments.
Answered on 2/21/10, 8:09 pm
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