Sep 27, 2008 #1 M mmedero1 New Member If you are a co-signer on a car loan for someone and you file bankruptcy does it affect that loan as well? Ans does it affect the other persons credit
If you are a co-signer on a car loan for someone and you file bankruptcy does it affect that loan as well? Ans does it affect the other persons credit
Sep 27, 2008 #2 presutin Moderator It does since you were the guarantoor of that debt. If that person's debt is not paid, of course, it will.
It does since you were the guarantoor of that debt. If that person's debt is not paid, of course, it will.
