How does a Chapter 13 Bankruptcy effect a cosigner?

Submitted by Anonymous (not verified) on Tue, 12/31/2013 - 15:13
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If you are a cosigner on the debt, then you and the other debtor are technically joint and severally liable for that debt.  One common form of debt that’s jointly owned is that for a vehicle.  If somebody else filed a Chapter 13 bankruptcy on it vehicle that you cosign, you may be protected under+ Read MoreThe post How does a Chapter 13 Bankruptcy effect a cosigner? appeared first on David M. Siegel.