Legal Question in Bankruptcy in Florida

If my mom is the co-signer on my car and she is filing for bankruptcy, is my credit going to be effected if I cant get the loan put in my name? If my credit is effected is it better to just let it go into bankruptcy and get another car?


Asked on 2/01/10, 3:45 pm

1 Answer from Attorneys
Kelly Papa Law Office of Kelly Papa

First of all, she has to list the car on her bankruptcy, but can put you as a co-owner of the vehicle. It should not effect your credit, but you may have to reaffirm the debt. It would be better to try to get a loan in your name only.

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Answered on 2/07/10, 3:20 pm


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