Legal Question in Bankruptcy in Massachusetts

vehicle cosigner

I claimed bankrupt last year and I had a vehicle that I did not reaffirm with. I had a family member co-sign for the vehicle when I purchased the vehicle and got a loan from a bank. Now the bank wants the cosigner to pay the remaining fees and damages. The bank is bringing this person to court but this person never even drove or did any damage to the vehicle, can this person fight this? is this legal? I am not sure what to do.


Asked on 4/14/04, 8:32 pm

1 Answer from Attorneys

David Baker Law Office of David Baker

Re: vehicle cosigner

Chapter 7 does not protect co-signers, so the bank is probably within its rights. "damages" probably does not mean damage to the car; it means costs and expenses other than the principal and interest, the legal term for which is damages. If you have other questions, letme know.

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Answered on 4/15/04, 11:44 am


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