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


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