Legal Question in Bankruptcy in Michigan
Bankruptcy
My daughter is second on a vehicle loan. I''m in bankruptcy. Is she going to be stuck with the loan repayment?
Asked on 3/19/07, 4:57 pm
1 Answer from Attorneys
Rochelle Guznack
Law Offices of Rochelle E. Guznack, PLLC
Re: Bankruptcy
A co-signer on a vehicle loan will be equally liable for payment of the loan. If you file for bankruptcy, your daughter (if she is a co-signer) will be liable for the full amount unless you agree to pay back the loan 100%.
Answered on 3/20/07, 8:26 am
Related Questions & Answers
-
Chapter 7 Bankruptcy I make $64,000.00 a year and I pay $525.00 a week in Alimony... Asked 2/19/07, 11:25 am in United States Michigan Bankruptcy Law
-
Credit cards in collections I have three credit cards in collections totalling... Asked 2/15/07, 7:03 pm in United States Michigan Bankruptcy Law
-
Collection my husband file bankruptcy now one of his credit is tring to sue me... Asked 2/15/07, 10:04 am in United States Michigan Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
