Legal Question in Bankruptcy in Florida
If I file bankruptcy how does this affect the co-signer on a car loan?
Asked on 5/08/13, 1:20 pm
2 Answers from Attorneys
R. Jason de Groot
R. Jason de Groot, P.A.
The co-signer is still liable, and the bank can only go after them, not you.
Answered on 5/08/13, 1:31 pm
Sanford M. Martin
Sanford M. Martin, P.A.
Until the car loan is paid, the co-signer will be liable for the debt. If your debt is
discharged in Chap 7, it does not discharge the debt of your co-signer who will be
liable for the entire remaining unpaid loan.
Answered on 5/08/13, 1:31 pm
Related Questions & Answers
-
Ok i got an online loan with a company name Western Sky llc and was immediately... Asked 5/03/13, 11:08 am in United States Florida Bankruptcy Law
-
I am filing Ch7 bankruptcy in Middle District of Florida. I have done the first... Asked 4/26/13, 5:11 am in United States Florida Bankruptcy Law
-
I am the trustee for my irrevocable trust ,I have sent the lawyers copies of my... Asked 4/20/13, 11:59 am in United States Florida Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
