Legal Question in Bankruptcy in New York
signer and co-signer
A person signs a loan agreement and has a co-signer also sign due to not enough credit.
If the signer of the loan claims bankrupcy, is the co-signer still obligated to pay the loan?
Asked on 1/25/08, 7:41 am
1 Answer from Attorneys
Nancy Delain
Delain Law Office, PLLC
Re: signer and co-signer
Except in very, very exceptional cases, yes.
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Answered on 1/29/08, 7:52 am