Legal Question in Bankruptcy in Massachusetts

Co-signer

I am a senior citizen, very ill & deeply in debt. I am considering bankruptcy. When I got divorced many yrs ago, I put a girlfriend's name on my checking account should I become unable to write checks to pay my bills. We are no longer friends. I haven't seen her in years. My biggest debt is to that bank. If I file for bankruptcy, will they make her pay the debt? I don't want that to happen. She shouldn't have to pay for my irresponsibility. I am talking $3800.00. Thank you.


Asked on 4/07/06, 6:30 am

1 Answer from Attorneys
Barry Levine Law Office of Barry R. Levine

Re: Co-signer

If she is a co-signed on the bank debt, the bank will in all likelihood go after her upon your discharge of its debt. She could try to remove herself as a guarantor prior to you filing for bankruptcy, but that would depend on the language of the personal guaranty.

Read more
Answered on 4/07/06, 7:20 am


Related Questions & Answers

More Bankruptcy Law questions and answers in Massachusetts