Personal Bankruptcy my cosigner wants to declare bankruptcy

[siguteach]

My mother in law cosigned on my car loan a year ago. Now she is talking about filing bankruptcy. How will that affect my credit? And can I just refinance the car, take her name off the loan and title? And how much time do I have to refinance to avoid the car being taken?

 

[FlaRiptide]

As long as you keep paying on the loan your mother-in-laws problems should not concern you. Unless the loan company has a problem with not having a valid co-signer anymore, then why should you worry? Her name was on the loan, not the title, right?

Sit back and do nothing except continue with your loan payments...