View Full Version : BK and Credit Report ?
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bears00 10-18-2005, 09:16 PM Suppose Jack Jr. and Jill are married and file, and have confirmed a Chapter 13. Jack Sr. is the co-signer on two vehicle loans for Jack Jr (Jill is not on the loans, if that matters). Are there any negative credit consequences for Jack Sr.? bears00 11-03-2005, 01:54 PM Can Anyone Answer My Question??? Matt M 11-03-2005, 06:00 PM Long as the creditor gets paid on schedule there won't be any issues for the co-signer. If the car is surrendered, the co-signer is the only person left with a legal obligation to pay up. |
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