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Someone Co-signed On My Loan. What Happens To Them If I Declare Bankruptcy?

Someone co-signed on my loan. What happens to them if I declare bankruptcy?

co-signed loan in bankruptcyIf someone co-signs or guarantees a loan on your behalf, he or she is responsible for paying the full liabilities incurred by you.

 

 


 

Related articles:

Will My Spouse Or My Family Be Responsible For My Debts If I File For Bankruptcy?

 

 

Petra, thank you and everyone in your office for helping me with this process. It’s a great relief to be through with. Your patience and guidance have meant more to me than you know.

Regards,
N. M. (North York)

 

 


 What happens to co-signed loan if I declare bankruptcy?


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