Legal Question in Bankruptcy in Georgia

If you are asking whether a creditor can attempt to collect either a deficiency on a secured debt or the balance on an unsecured debt after your friend files bankruptcy, yes they can. As a co-debtor/co-signer, you placed yourself also responsible for the debt along with your friend. If your friend does not pay, then you will be asked to pay.

Co-signing is one of the biggest mistakes anyone can make in their lives. The paperwork clearly tells you what the risk is, but amazingly people don't read it. When you cosign, you promise to pay. The reason you have been asked to do it is because the lender, in researching the loan, has doubts the person they wish to loan money to can pay, and they think you can. That should answer the question for you - never cosign something you aren't prepared to pay in full.

The answer to your question is yes - you get to pay.