Help! My Co-Signer and I Just Got Sued!
If you and someone else jointly owe a debt, bankruptcy can protect you against the debt and against your co-signer. Or if you want, bankruptcy can protect your co-signer.
If you and someone else jointly owe a debt, bankruptcy can protect you against the debt and against your co-signer. Or if you want, bankruptcy can protect your co-signer.
Most creditors don’t challenge your write-off of their debts in bankruptcy. But if one does, the system is poised to resolved that challenge relatively quickly.
Bankruptcy court is a relatively efficient place to determine whether or not you must pay a debt which the creditor says can’t be discharged.
If you file bankruptcy, it’s okay to voluntarily repay any debt. But there can be unexpected consequences.