What takes place on my co-signer if i document Chapter thirteen bankruptcy?

What takes place on my co-signer if i document Chapter thirteen bankruptcy?

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When you apply for Section 13 bankruptcy proceeding, it can be the outcome that you’re, alone, solely liable for every single one of expense.

What exactly is a good co-signer?

A co-signer, or co-borrower, are whoever cues a cards application for your requirements, co-signs financing to you, otherwise exactly who really helps to financing an auto loan or a great mortgage loan having superior money, employment, or credit history. (Otherwise, in the example of car finance, possibly a valid driver’s license.)

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