Legal Question in Bankruptcy in Pennsylvania
bankruptcy
I co-signed for a truck and now the owner is filing bankruptcy. Will I be responsible for this loan or will it be discharged? If it's not, is there any way to not get stuck with his bill?
Asked on 6/05/08, 3:47 pm
1 Answer from Attorneys
John Gibson
John W. Gibson, Esquire
Re: bankruptcy
It depends on whether the owner is keeping the truck (reaffirming). If he or she keeps the truck he or she has to maintain payments on the truck and you should be ok. If the Truck is repossessed or surrendered, though, you are probably on the hook.
Answered on 6/12/08, 9:17 am
Related Questions & Answers
-
Credit card debt and workers comp I was injured on the job and had surgery on... Asked 5/20/08, 10:16 pm in United States Pennsylvania 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.
