Legal Question in Bankruptcy in North Carolina
I have $185,000 in student loans that my grandparents co-signed for. If I wanted to declare chapter 13 and include these loans, will my grandparents still be responsible for repayment since they are listed as co-signer?
Asked on 2/23/12, 10:22 am
1 Answer from Attorneys
You cannot discharge student loans in bankruptcy absent special circumstances and even if you can, if your grandparents co-signed then your grandparents will have to pay.
Answered on 2/23/12, 1:26 pm