Legal Question in Bankruptcy in Illinois
Bankruptcy claim
My ex-boyfriend and I purchased furniture under both of our names I'm the primary account holder and he is the co-signer now he is thinking of filling for bankruptcy does it affect me in any way? and can I get his name out of the contract because I'm willing to continue paying for the furniture??
Asked on 6/26/07, 12:40 pm
1 Answer from Attorneys
Lesley Hoenig
Lesley A. Hoenig, Attorney at Law
Re: Bankruptcy claim
It mostly effects you because if they can't make him pay you have to pay, but if you are paying anyway, it should not effect you. I recommend you confirm this with the lender though.
Answered on 6/28/07, 8:00 pm
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