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Another car co-signer question

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    Another car co-signer question

    My niece is filing BK7. She has a car that is co-signed by her mom (my sis in law). My niece is planning on keeping the car. Payment on this car has never been late. Will this affect the co-signers credit? (I told sis in law I would post for her and find out.) Thanks for any information!
    May 5, 2008 - Filed Ch7
    June 13, 2008 - 341 Meeting
    August 12, 2008 - Last day for objections... August 18, 2008 - Discharged!
    August 26, 2008 - CASE CLOSED!

    #2
    It shouldn't. But your sis-in-law should monitor her credit to make sure no mistakes are made. If a mistak is made, then she can dispute it with the Credit Reporting Agencies.

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      #3
      Thanks! I'll let her know.
      May 5, 2008 - Filed Ch7
      June 13, 2008 - 341 Meeting
      August 12, 2008 - Last day for objections... August 18, 2008 - Discharged!
      August 26, 2008 - CASE CLOSED!

      Comment

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