How will bankruptcy affect my co-signers?

Once you file bankruptcy your responsibility for the joint debt is gone. But the co-signer is still responsible for the debt. You should list the co-signer as a creditor in your bankruptcy, otherwise they could file a claim against you.

To learn more about your bankruptcy options contact The Law offices of Jill McDonald. We have two convenient locations in Clearwater and in St. Petersburg. (727) 231-4300

Bankruptcy Information is believed reliable, but accuracy and completeness are not guaranteed. Nothing in this web site is intended as, or should be used as, a substitute for professional, financial, or legal advice.